1 unchanged sentence
Evaluation of Disclosure Controls and Procedures
−Removed: We maintain “disclosure controls and procedures,” as defined in Rule 13a-15(e) and Rule 15d-15(e) under the Exchange Act, that are designed to provide reasonable assurance that information required to be disclosed by us in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms.
−Removed: Disclosure controls and procedures include, without limitation, controls and procedures designed to provide reasonable assurance that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.
−Removed: Our management, with the participation of our Chief Executive Officer and our Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange
−Removed: Act) as of the end of the period covered by this Annual Report on Form 10-K.
+Added: We maintain “disclosure controls and procedures,” as defined in Rule 13a-15(e) and Rule 15d-15(e) under the Exchange Act, that are designed to ensure that information required to be disclosed by us in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms.
+Added: Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.
+Added: Our management, with the participation of our Chief Executive Officer and our Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this Annual Report on Form 10-K.
Based on such evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of April 30, 2022, our disclosure controls and procedures were effective to provide reasonable assurance that the information required to be disclosed by us in the reports we file or submit under the Exchange Act (a) is recorded, processed, summarized and reported within the time periods specified by the SEC rules and forms and (b) is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.
4 unchanged sentences
The effectiveness of our internal control over financial reporting as of April 30, 2022 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in its report which is included in Item 8 of this Annual Report on Form 10-K.
+Added: T a b l e o f C o ntents
Changes in Internal Control Over Financial Reporting
−Removed: There were no changes in our internal control over financial reporting identified in connection with the evaluation required by Rule 13a-15(d) and 15d-15(d) of the Exchange Act that occurred during the quarter ended April 30, 2020 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: During the quarter ended April 30, 2022, the Company implemented a new revenue accounting system.
+Added: As a result of this implementation, the Company modified certain existing controls and implemented new controls to maintain appropriate internal control over financial reporting during and after the system change.
+Added: Other than updates to the relevant control structure related to this implementation, there were no changes in our internal control over financial reporting identified in connection with the evaluation required by Rule 13a-15(d) and 15d-15(d) of the Exchange Act that occurred during the quarter ended April 30, 2022, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Inherent Limitations on Effectiveness of Controls
10 unchanged sentences
Other Information.
+Added: Disclosure Regarding Foreign Jurisdictions That Prevent Inspections.
+Added: T a b l e o f C o ntents
Directors, Executive Officers and Corporate Governance.
14 unchanged sentences
The information required by this item will be set forth in the 2022 Proxy Statement and is incorporated herein by reference.
+Added: T a b l e o f C o ntents
Exhibits, Financial Statement Schedules.
24 unchanged sentences
10-K 001-38675 4.2 6/28/2019
+Added: 4.3 Indenture, dated as of July 6, 2021, by and between Elastic N.V.
+Added: Bank National Association, as trustee.
+Added: 4.4 Form of 4.125% Senior Note due 2029 (included in Exhibit 4.3).
Form of Indemnification Agreement between the Registrant and each of its directors and executive officers.
10.1 9/24/2018
−Removed: 2012 Stock Option Plan and related form agreements.
+Added: Amended and Restated 2012 Stock Option Plan and related form agreements.
+Added: 10-Q 001-38675 10.4 3/10/2022
Form of Change in Control and Severance Agreement.
2 unchanged sentences
10.4 9/5/2018
−Removed: Amended and Restated Employment Agreement between the Company and Shay Banon, dated as of February 24, 2021
+Added: Amended and Restated Employment Agreement between the Company and Shay Banon, dated January 11, 2022.
10-Q 001-38675 10.2 3/10/2022
+Added: T a b l e o f C o ntents
Employment Letter between the Company and Janesh Moorjani, dated as of August 1, 2018.
10.6 9/5/2018
−Removed: 10.7+ Employment Letter between the Company and Kevin Kluge, dated as of August 1, 2018.
−Removed: 10.8 9/5/2018
10.7+ Employment Letter between the Company and W.H.
5 unchanged sentences
8-K 001-38675 10.1 8/26/2020
−Removed: 10.11+ Offer Letter between the Company and Ashutosh Kulkarni, dated November 27, 2020.
+Added: 10.10+ Separation and Transition Agreement between the Company and Paul Appleby, dated as of January 12, 2022.
10-Q 001-38675 10.3 3/10/2022
+Added: 10.11+ Amended and Restated Offer Letter between the Company and Ashutosh Kulkarni, dated as of January 11, 2022.
+Added: 10-Q 001-38675 10.1 3/10/2022
+Added: 10.12+ Offer Letter between the Company and Carolyn Herzog, dated as of March 23, 2022.
10.13 Office Lease Agreement, by and between the Company and Asset Growth Partners, L.P., dated as of July 9, 2014.
7 unchanged sentences
10.17 Fourth Amendment to Office Lease Agreement, by and between the Company and Asset Growth Partners, L.P., dated as of December 27, 2019.
−Removed: 10.16+ Separation and Transition Agreement between the Company and Aaron Katz, dated February 26, 2020.
10-K 001-38675
2 unchanged sentences
Amended and Restated 2010 Stock Incentive Plan, as amended, and related form agreements .
+Added: 10-Q 001-38675 10.1 12/9/2021
+Added: 10.19+ Build Security Ltd.
+Added: 2020 Share Incentive Plan, as amended, and related form agreements.
S-8 333-261544 4.2 12/8/2021
+Added: 10.20+ cmdWatch Security Inc.
+Added: Stock Option Plan, as amended, and related form agreements.
+Added: S-8 333-261544 4.3 12/8/2021
21.1 List of subsidiaries of the Registrant.
5 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
+Added: T a b l e o f C o ntents
Certification of Principal Financial Officer pursuant to 18 U.S.C.
4 unchanged sentences
(iii) Consolidated Statements of Comprehensive Loss for the fiscal years ended April 30, 2022, April 30, 2021, and April 30, 2020;
−Removed: (iv) Consolidated Statements of Redeemable Convertible Preference Shares and Shareholders’ Equity (Deficit) for the fiscal years ended April 30, 2021, April 30, 2020, and April 30, 2019;
+Added: (iv) Consolidated Statements of Shareholders’ Equity for the fiscal years ended April 30, 2022, April 30, 2021, and April 30, 2020;
(v) Consolidated Statements of Cash Flows for the fiscal years ended April 30, 2022, April 30, 2021, and April 30, 2020;
5 unchanged sentences
Form 10-K Summary
+Added: T a b l e o f C o ntents
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized .
June 21, 2022 By:
−Removed: /s/ Shay Banon
−Removed: Chief Executive Officer
+Added: /s/ Ashutosh Kulkarni
+Added: Ashutosh Kulkarni
+Added: Chief Executive Officer and Director
( Principal Executive Officer )
POWER OF ATTORNEY
−Removed: KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Janesh Moorjani and Shay Banon, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, for such individual in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or the individual’s substitute, may lawfully do or cause to be done by virtue hereof.
+Added: KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Ashutosh Kulkarni and Janesh Moorjani, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, for such individual in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or the individual’s substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Report has been signed below by the following persons on behalf of the registrant in the capacities and on the dates indicated.
−Removed: /s/ Shay Banon
−Removed: Chief Executive Officer and Chairman (Principal Executive Officer)
−Removed: June 25, 2021
−Removed: /s/ Janesh Moorjani
−Removed: Chief Financial Officer (Principal Accounting and Financial Officer)
−Removed: June 25, 2021
+Added: Name Title Date
+Added: /s/ Ashutosh Kulkarni Chief Executive Officer and Director (Principal Executive Officer) June 21, 2022
+Added: Ashutosh Kulkarni
+Added: /s/ Janesh Moorjani Chief Financial Officer and Chief Operating Officer (Principal Financial and Accounting Officer) June 21, 2022
Janesh Moorjani
−Removed: /s/ Jonathan Chadwick
−Removed: June 25, 2021
+Added: /s/ Shay Banon Chief Technology Officer and Director June 21, 2022
+Added: /s/ Chetan Puttagunta Chairman and Director June 21, 2022
+Added: Chetan Puttagunta
+Added: /s/ Jonathan Chadwick Director June 21, 2022
Jonathan Chadwick
−Removed: /s/ Peter Fenton
−Removed: June 25, 2021
−Removed: /s/ Alison Gleeson Director
−Removed: June 25, 2021
+Added: /s/ Alison Gleeson Director June 21, 2022
Alison Gleeson
−Removed: /s/ Caryn Marooney
−Removed: June 25, 2021
+Added: /s/ Shelley Leibowitz Director June 21, 2022
+Added: Shelley Leibowitz
+Added: /s/ Caryn Marooney Director June 21, 2022
Caryn Marooney
−Removed: /s/ Chetan Puttagunta
−Removed: June 25, 2021
−Removed: Chetan Puttagunta
−Removed: /s/ Steven Schuurman
−Removed: June 25, 2021
+Added: /s/ Steven Schuurman Director June 21, 2022
Steven Schuurman
−Removed: /s/ Michelangelo Volpi
−Removed: June 25, 2021
+Added: /s/ Michelangelo Volpi Director June 21, 2022
Michelangelo Volpi
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.