Elastic N.V. — Director's Dealing 2018

Oct 11, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Elastic N.V. (ESTC)
CIK: 0001707753
Period of Report: 2018-10-10

Reporting Person: Volpi Michelangelo (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-10	Ordinary Shares	C	6571709	—	Acquired	6571709	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-10	Series B Convertible Preference Shares	$	C	5202162	Disposed		Ordinary Shares (5202162)	Indirect
2018-10-10	Series C Convertible Preference Shares	$	C	1247298	Disposed		Ordinary Shares (1247298)	Indirect
2018-10-10	Series D Convertible Preference Shares	$	C	122249	Disposed		Ordinary Shares (122249)	Indirect

Footnotes

F1: The Series B Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.

F2: The Series C Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.

F3: The Series D Convertible Preference Shares automatically converted into Ordinary Shares on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.

F4: The ordinary shares and convertible preference shares reported herein are held directly by Hexavest S.a.r.l. ("Hexavest").

F5: The shareholders of Hexavest include: Index Ventures IV (Jersey) LP ("Index Ventures IV"), Index Ventures IV Parallel Entrepreneur Fund (Jersey) LP ("Index Ventures IV Parallel"), Index Ventures VI (Jersey) LP ("Index Ventures VI"), Index Ventures VI Parallel Entrepreneur Fund (Jersey) LP ("Index Ventures VI Parallel" and, together with Index Ventures IV, Index Ventures IV Parallel and Index Ventures VI, the "Index Funds") and Yucca (Jersey) SLP ("Yucca"). Index Ventures Associates IV Limited ("Index Ventures IV GP") is the managing general partner of Index Ventures IV and Index Ventures IV Parallel, and Index Ventures Associates VI Limited ("Index Ventures VI GP") is the managing general partner of Index Ventures VI and Index Ventures VI Parallel. The general partner of Yucca is Yucca Associates Limited ("Yucca Associates"). Yucca is an Index co-investment vehicle that is contractually required to mirror the Index Funds' investment in the convertible preference shares.

F6: Mr. Volpi is co-president of Index Ventures (US) Inc. which provides certain consultancy services to the Index Funds' affiliates. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.