Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 68

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 68
---
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Eligibility                |     | Persons eligible to participate in the Restated 2015 SIP will be full- or part-time executive officers, employees, non-employee directors and consultants of Atlassian and its subsidiaries, as selected from time to time by the CLDC in its discretion. Only employees of Atlassian or a subsidiary corporation may receive incentive stock options (“ISOs”) under the Restated 2015 SIP. As of September 30, 2025, there were approximately 15,846 individuals eligible to participate in the SIP, including approximately 5 executive officers, 14,084 employees, 9 non-employee directors and 1,748 consultants.                                                                                                                                                                                                                                                                                         |
| Share Reserve              |     | Subject to adjustment in the event of a stock split, stock dividend, or other changes in our capitalization, the maximum number of Shares reserved and authorized for issuance under the Restated 2015 SIP (including all Shares authorized since the inception of the SIP in 2015) is 85,890,333 shares of our Class A Common Stock (the “Initial Limit”).The Restated 2015 SIP provides that the number of shares reserved and available for issuance under the plan will automatically increase each July 1, beginning on July 1, 2026, by 5% of our total number of Shares outstanding on the immediately preceding June 30 or such lesser number of Shares as determined by the CLDC in its discretion (the “Annual Increase”).                                                                                                                                                                          
 The maximum aggregate number of Shares that may be issued pursuant to ISOs shall not exceed the Initial Limit, cumulatively increased on July 1, 2026 and on each July 1 thereafter during the term of the Restated 2015 SIP by the lesser of the Annual Increase for such year or 8,350,000 Shares, subject in all cases to adjustment in the event of a share split, share dividend or other changes in our capitalization.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Share Counting / Recycling |     | Any Shares subject to awards that are forfeited, canceled, satisfied without the issuance of Shares or otherwise terminated (other than by exercise) or that are held back upon exercise of a stock option or settlement of an award to cover the exercise price or tax withholding, will be added back to the Shares available for issuance under the Restated 2015 SIP. However, if the Company repurchases Shares on the open market, such Shares will