Company: TEAM
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001650372-25-000058
Chunk: 76

Company: Atlassian Corp
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 76
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 Unit Awards
There are no immediate tax consequences of receiving an award of RSUs. A participant who is awarded RSUs will be required to recognize ordinary income in an amount equal to the fair market value of Shares issued to such participant at the end of the applicable vesting period or, if later, the settlement date elected by the CLDC or a participant. Atlassian will generally have a corresponding deduction at the time the participant recognizes income, except to the extent such deduction is limited by applicable provisions of the Code. Any additional gain or loss recognized upon any later disposition of any Shares received would be capital gain or loss.

#### Restricted Stock Awards
A participant acquiring restricted stock generally will recognize ordinary income equal to the fair market value of the Shares on the vesting date. If the participant is an employee, such ordinary income generally is subject to withholding of income and employment taxes. The participant may elect, pursuant to Section 83(b) of the Code, to accelerate the ordinary income tax event to the date of acquisition by filing an election with the Internal Revenue Service no later than 30 days after the date the Shares are acquired. Atlassian will generally have a corresponding deduction at the time the participant recognizes income, except to the extent such deduction is limited by applicable provisions of the Code. Upon the sale of Shares acquired pursuant to a restricted stock award, any gain or loss, based on the difference between the sale price and the fair market value on the date the ordinary income tax event occurs, will be taxed as capital gain or loss.

#### Unrestricted Stock
A participant acquiring unrestricted stock generally will recognize ordinary income equal to the fair market value of the Shares on the date of receipt of such stock. If the participant is an employee, such ordinary income generally is subject to withholding of income and employment taxes. Atlassian will generally have a corresponding deduction at the time the participant recognizes income, except to the extent such deduction is limited by applicable provisions of the Code. Upon the sale of the Shares acquired pursuant to an unrestricted stock award, any gain or loss, based on the difference between the sale price and the fair market value on the date the ordinary income tax event occurs, will be taxed as capital gain or loss.

#### Dividend Equivalent Rights
A participant generally will not recognize taxable income upon the crediting or granting of a dividend equivalent right. However, upon the settlement of a dividend equivalent, whether in cash, Shares or a combination thereof, the participant normally will recognize ordinary income in the year of receipt in an amount equal to the amount of cash and/or