Pay versus performance: disclosure examples
Verbatim excerpt (183 words), formatting simplified. View full filing on EDGAR →As required by Item 402(v) of Regulation S-K, this section describes the relationship between compensation actually paid and certain financial performance measures of the Company. For information about the philosophy, objectives and criteria of executive pay as they pertain to the Company's performance, refer to the Compensation Discussion and Analysis section.
Year Summary Compensation Table Total for PEO($) 1 Summary Compensation Table Total for Former PEO($) 1 Compensation Actually Paid to PEO($) 1,2 Compensation Actually Paid to Former PEO($) 1,2 Average Summary Compensation Table Total for Non-PEO NEOs($) 1 Average Compensation Actually Paid to Non-PEO NEOs($) 1,2 Value of Initial Fixed $100 Investment Based On: Net Income($) 5 (in millions) Net Sales Adjusted for Changes in Foreign Currencies ($) 6 (in millions) TSR($) 3 Peer Group TSR($) 4 2025 13,932,597 — 15,633,675 — 6,250,431 6,854,360 293.59 173.48 8,099 271,855 2024 12,229,741 16,049,870 18,702,319 29,445,370 8,381,978 11,133,897 276.32 154.78 7,367 250,099 2023 — 16,870,623 — 18,733,773 6,304,715 6,926,922 163.78 129.00 6,292 241,194 2022 — 9,905,070 — 11,868,875 5,806,023 6,353,825 158.84 128.26 5,844 224,492 2021 — 8,804,752 — 10,342,108 4,724,776 5,794,960 133.65 184.84 5,007 189,293
Verbatim excerpt (353 words), formatting simplified. View full filing on EDGAR →The following table provides information required under Item 402(v) of Regulation S -K disclosing (i) a measure of total compensation and a measure reflecting “compensation actually paid” for our principal executive officer (our “PEO”) and, as an average, for our other named executive officers (“NEOs”), and (ii) select financial performance measures, in each case, for our five most recently completed fiscal years. The Human Resources Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S -K and do not reflect compensation actually earned, realized or received by our NEOs; these amounts reflect the Summary Compensation Table totals with certain adjustments as described in the following table and footnotes.
Year Summary Compensation Table Total for PEO ($) Compensation Actually Paid to PEO ($) Average Summary Compensation Table Total for Non-PEO NEOs ($) Average Compensation Actually Paid to Non-PEO NEOs ($) Value of Initial Fixed $100 Investment Based On: Net Income ($) Company Selected Measure: Revenue ($) Total Stockholder Return ($) Peer Group Total Stockholder Return ($) (a) (b) (1) (c) (2)(5) (d) (3) (e) (4)(5) (f) (6) (g) (7) (h) (8) (i) (9) 2025 11,458,039 1,145,113 5,674,275 ( 1,396,923 267.28 258.44 1,853,442,685 6,799,612,384 2024 13,143,289 37,716,937 5,967,146 15,033,124 442.49 301.44 1,745,218,820 5,955,845,824 2023 16,301,613 21,526,918 6,586,873 8,065,655 274.12 221.06 1,147,780,499 5,304,835,490 2022 14,200,453 ( 15,190,085 4,532,172 ( 4,867,322 228.97 132.79 857,302,079 4,417,356,061 2021 14,203,211 84,745,190 4,867,616 27,685,473 336.64 206.76 606,792,011 3,342,217,533 ________________________
(1) The dollar amounts reported in column (b) are the amounts of total compensation reported for our PEO for each corresponding year in the “Total” column of the Summary Compensation Table. Our PEO for fiscal years 2025, 2024, 2023, 2022 and 2021 was Ken Xie .
(2) The dollar amounts reported in column (c) represent the amount of “compensation actually paid” (which is sometimes referred to as the “CAP”) for our PEO for the corresponding fiscal year, as calculated in accordance with Item 402(v) of Regulation S -K and as further described below.
Verbatim excerpt (191 words), formatting simplified. View full filing on EDGAR →
Average Summary Compensation Table Total for non-PEO NEOs ($) Value of Initial Fixed $100 Investment Based on: Year Summary Compensation Table Total for PEO ($) Compensation Actually Paid to PEO ($) Average Compensation Actually Paid to non-PEO NEOs ($) Total Shareholder Return ($) Peer Group Total Shareholder Return ($) Net Income (in $ millions) Reported Net Sales Growth (%) 2025 21,401,495 24,776,477 4,638,269 5,450,024 151.03 148.36 3,246 11.2 2024 21,979,369 48,190,172 6,361,985 12,965,592 153.30 129.46 2,993 10.2 2023 20,767,847 42,471,951 6,072,179 11,389,954 126.33 126.21 3,165 11.1 2022 18,563,214 11,419,346 5,246,489 3,676,892 102.05 123.67 2,358 7.8 2021 16,359,898 27,844,502 5,769,074 8,859,654 110.22 126.13 1,994 19.2 Summary Compensation Table Total for PEO: This column represents the total compensation value for our PEO as reported in the
Summary Compensation Table. Mr. Lobo was the PEO for each of the covered years in the table.
Compensation Actually Paid to PEO: This column represents the compensation actually paid value for our PEO calculated according
to the methodology prescribed by the SEC. The following table summarizes the adjustments to the Summary Compensation Table value
which resulted in the compensation actually paid amount for our PEO in 2025:
Verbatim excerpt (172 words), formatting simplified. View full filing on EDGAR →
Value of Initial Fixed $100 Investment Based on: Year Summary Compensation Table Total for CEO ($)(1) Compensation Actually Paid to CEO ($)(2)(3) Average Summary Compensation Table Total for Non-CEO NEOs ($)(1) Average Compensation Actually Paid to Non-CEO NEOs ($)(2) Company Total Shareholder Return ($)(4) Peer Group Total Shareholder Return ($)(4) Net Income (Loss) (Thousands) ($) Company Selected Measure: Stock Price Measure ($)(5) 2025 242,122 ( 89,229,878 10,296,265 10,492,441 92.45 258.38 2,511,277 124.51 2024 186,326 5,310,326 14,905,319 11,463,642 89.52 208.30 2,648,349 135.23 2023 295,125 303,463,125 9,721,168 19,646,568 92.74 152.48 4,791,795 128.87 2022 311,233 ( 585,324,767 9,484,778 ( 20,027,758 58.24 96.60 1,893,105 100.59 2021 132,152 301,440,152 9,419,946 19,647,185 113.41 134.53 ( 352,034 176.69
(1) Amounts reported in these columns represent the total compensation as reported in the Summary Compensation Table for our CEO during each applicable fiscal year and the average of the total compensation as reported in the Summary Compensation Table for our remaining NEOs for the relevant fiscal year, which captures the individuals indicated in the table below for each fiscal year:
Verbatim excerpt (282 words), formatting simplified. View full filing on EDGAR →As required by Item 402(v) of Regulation S-K, we are providing the following information about the relationship between the compensation actually paid to our Chief Executive Officer and our other named executive officers and certain aspects of our financial performance. Compensation actually paid was calculated for purposes of this disclosure in accordance with the applicable SEC rules and does not reflect the actual amount of compensation earned by or paid to our Chief Executive Officer or our other named executive officers during the applicable years. The compensation committee does not use compensation actually paid as a basis for making compensation decisions. For information concerning how and why our compensation committee arrived at specific compensation decisions for 2025, please refer to “Executive Compensation – Compensation Discussion and Analysis.”
Summary Compensation Table Total for CEO ($) (1) Compensation Actually Paid to CEO ($) (2) Average Summary Compensation Table Total for non-CEO NEOs ($) (3) Average Compensation Actually Paid to non-CEO NEOs ($) (4) Value of Initial Fixed $100 Investment Based On: Net Income (Loss) ($ Millions) (7) Revenue ($ Millions) (8) Year Total Shareholder Return (5) Peer Group Total Shareholder Return (6) 2025 27,055,482 50,088,037 15,628,429 27,836,881 360 388 107.70 3,427 2024 19,842,554 29,463,769 16,774,715 23,980,392 378 301 183.75 2,684 2023 11,644,934 33,077,635 10,196,713 25,279,012 321 221 48.57 2,128 2022 11,249,243 ( 85,747,704 ) 11,665,984 ( 32,708,200 ) 195 133 ( 50.16 ) 1,675 2021 8,632,636 107,014,429 10,849,308 60,711,468 471 207 ( 20.75 ) 1,029 (1) Represents the total compensation reported for Mr. Pomel for each applicable year in the “Summary Compensation Table”.
(2) The following adjustments were made to Mr. Pomel’s total compensation for each applicable year to determine the compensation actually paid:
Verbatim excerpt (320 words), formatting simplified. View full filing on EDGAR →As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. As described in greater detail in “Executive Compensation – Compensation Discussion and Analysis,” our executive compensation program reflects a variable pay-for-performance philosophy. We use grants of time-based RSUs, and have previously used stock
options to incentivize our NEOs to increase the value of our enterprise for our stockholders. We have further previously used PSUs to tie executive incentives to key metrics in the Company's operating plan and future success. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company’s philosophy aligns executive compensation with the Company’s performance, refer to “Executive Compensation – Compensation Discussion and Analysis.”
Year Summary Compensation Table Total for CEO (1) Compensation Actually Paid to CEO (2) Average Summary Compensation Table Total for Non-CEO NEOs (3) Average Compensation Actually Paid to Non-CEO NEOs (4) Value of Initial Fixed $100 Investment Based On: Net Income (in millions) (7) Adjusted EBITDA (8) Company Total Shareholder Return (5) Peer Group Total Shareholder Return (6) (a) (b) (c) (d) (e) (f) (g) (h) (i) 2025 8,382,555 110,136,005 7,372,987 94,899,087 176.18 150.08 1,895 2,237 2024 10,595,400 118,068,079 9,291,363 103,567,575 84.90 148.71 404 1,378 2023 6,454,661 38,123,022 5,694,360 32,914,702 22.10 109.75 150 339 2022 5,594,436 ( 10,103,013 ) 5,017,181 ( 8,193,813 ) 1.98 77.70 ( 2,894 ) ( 1,041 ) 2021 5,050,345 5,302,981 4,426,654 5,423,458 96.76 118.97 ( 287 ) 64 (1) Mr. Garcia was our Chief Executive Officer in all years presented. The dollar amounts reported in column (b) are the amounts of total compensation reported for Mr. Garcia for each corresponding year in the “Total” column of the Summary Compensation Table (the “SCT”). Refer to “Executive Compensation – Executive Compensation Tables – Summary Compensation Table.”
Verbatim excerpt (596 words), formatting simplified. View full filing on EDGAR →In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and our other NEOs (“Non-PEO NEOs”) and Company performance for the fiscal years listed below. While we are required to identify total Company adjusted ROIC as the Company Selected Measure (“CSM”) in accordance with Item 402(v) of Regulation S-K of the Exchange Act, adjusted ROIC and daily sales growth are the financial measures we consider the two most important in linking performance to compensation actually paid to the NEOs for the 2025 fiscal year to Company performance, as the Company’s overall NEO compensation structure is designed to drive profitable growth leading to shareholder value creation.
Year Summary Compensation Table Total for PEO (1) Compensation Actually Paid to PEO (1)(2)(3) Average Summary Compensation Table Total for Non-PEO NEOs (1) Average Compensation Actually Paid to Non-PEO NEOs (1)(2)(3) Value of Initial Fixed $100 Investment Based On: Net Income ($MM) Adjusted ROIC (5) Daily, Organic Constant Currency Sales Growth (5) TSR Peer Group TSR (4) CSM Supplemental Measure 2025 $ 11,609,508 $ 9,107,336 $ 3,949,001 $ 3,497,275 $ 261 $ 231 $ 1,706 39.1 % 4.0 % 2024 $ 10,881,689 $ 15,759,913 $ 3,053,409 $ 4,239,678 $ 270 $ 208 $ 1,909 41.4 % 4.5 % 2023 $ 10,160,673 $ 23,002,860 $ 3,042,195 $ 4,822,536 $ 211 $ 179 $ 1,829 42.8 % 9.2 % 2022 $ 9,967,658 $ 14,293,346 $ 3,121,115 $ 3,736,729 $ 140 $ 121 $ 1,547 40.6 % 16.5 % 2021 $ 9,015,594 $ 16,301,335 $ 2,138,920 $ 2,891,203 $ 129 $ 137 $ 1,043 31.9 % 12.8 %
Verbatim excerpt (213 words), formatting simplified. View full filing on EDGAR →As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K (the “PVP Rules”), we are providing information about the relationship between our Company performance and executive compensation actually paid to our Principal Executive Officer (our “PEO”) and the other NEOs (the “Reported NEOs”), as calculated in accordance with Item 402(v) of Regulation S-K. For further information concerning our pay-for-performance philosophy and how we align executive compensation with our performance, see our Compensation Discussion and Analysis in this Proxy Statement.
In the below pay versus performance table, we provide information about compensation of our NEOs for each of the last two fiscal years (the “Covered Years”). Additionally, we provide information about the results for certain financial performance measures during the Covered Years. Although the PVP Rules require us to disclose “compensation actually paid” (“CAP”), these amounts do not necessarily reflect compensation that our NEOs actually earned in the Covered Years. Instead, “compensation actually paid” reflects a calculation computed in accordance with the PVP Rules, including adjustments to the values of unvested and vested equity awards during the Covered Years based on either year-end or vesting date stock prices and various accounting valuation assumptions. “Compensation actually paid” generally fluctuates due to stock price performance.
Verbatim excerpt (356 words), formatting simplified. View full filing on EDGAR →In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, we provide the following disclosure regarding executive compensation for our principal executive officers (“PEOs”) and Non-PEO NEOs and Company performance for the fiscal years listed below. Compensation actually paid, as determined under SEC requirements, does not reflect the actual amount of compensation earned by or paid to our executive officers during a covered year. For information regarding the Company’s pay for performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to the CD&A.
Year Summary Compensation Table Total for PEO 1 1 ($) Compensation Actually Paid to PEO 1 1,2,3 ($) Average Summary Compensation Table Total for Non-PEO NEOs 1 ($) Average Compensation Actually Paid to Non-PEO NEOs 1,2,3 ($) Value of Initial Fixed $100 Investment based on: 4 Net Income ($ Millions) Adjusted EBITDA 5 ($ Millions) TSR ($) Peer Group TSR ($) 2026 28,349,672 713,540,125 6,279,618 57,397,501 543.42 315.48 787 1,744.7 2025 3,722,935 34,479,371 12,058,072 10,843,278 122.90 111.71 30 1,318.6 2024 101,497,009 108,396,274 2,455,433 5,025,954 99.82 94.96 ( 159 ) 1,001.2 2023 — — 5,304,906 6,787,965 70.23 89.84 ( 259 ) 1,238.7 2022 — — 2,670,549 ( 77,480 ) 70.19 76.48 235 864.8
1.
James R. Anderson was our PEO from June 3, 2024 through June 30, 2024 and to the present date (PEO 1). The individuals comprising the Non-PEO NEOs for each year presented are listed below.
Verbatim excerpt (198 words), formatting simplified. View full filing on EDGAR →Atlassian adopted a Compensation Recovery Policy (the “Clawback Policy”) that meets the requirements of SEC and Nasdaq rules. The Clawback Policy applies to our Section 16 officers and requires the return of any erroneously awarded “Incentive Compensation” (as defined in the Clawback Policy) that was received during the three completed fiscal years preceding the date that the Board or a committee of the Board concludes, or reasonably should have concluded, that Atlassian is required to restate its financial statements, or if earlier, the date on which a court, regulator or other legally authorized body directs Atlassian to make such a restatement. Atlassian will seek to recover any additional amount of compensation actually paid over the amount that would have been paid following recalculation based on the restated financial statements.
The foregoing summary of our Clawback Policy does not purport to be complete and is qualified by reference to our Clawback Policy, which can be found as an exhibit to our Annual Report on Form 10-K for the fiscal year ended June 30, 2026.
Tax and Accounting Considerations
As a general matter, the CLDC reviews and considers the various tax and accounting implications of the compensation programs we utilize.
Verbatim excerpt (175 words), formatting simplified. View full filing on EDGAR →As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid (as defined by SEC rules) and certain financial performance of the Company. The Management Planning and Development Committee did not consider the pay versus performance disclosure when making its incentive compensation decisions. For further information about how we align executive compensation with the company’s performance, see “Compensation Discussion and Analysis” on page 36 above. The amounts in the table below are calculated in accordance with SEC rules and do not represent amounts actually earned or realized by NEOs, including with respect to SARs, RSUs and PSUs. See the “2025 Option Exercises and Stock Vested” table on page 64 for more information.
The following table sets forth additional compensation information of our Chief Executive Officer (CEO) and our non-CEO NEOs along with total shareholder return, net income, and Core Operating Profit Growth performance results for 2021, 2022, 2023, 2024 and 2025.
Verbatim excerpt (398 words), formatting simplified. View full filing on EDGAR →Act”) and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid (as defined by SEC rules) and certain financial performance of the Company. For more information about our executive compensation program, please refer to the “Compensation Discussion and Analysis” section above.
Year Summary Compensation Table Total for PEO (1) Compensation Actually Paid to PEO (2) Average Summary Compensation Table Total for Non-PEO NEOs (3) Average Compensation Actually Paid to Non-PEO NEOs (4) Value of Initial Fixed $100 Investment Based On: Net Income (7) Fee Related Earnings (8) Total Shareholder Return (5) Peer Group Total Shareholder Return (6) ($) ($) ($) ($) ($) ($) ($ in thousands) ($ in thousands) 2025 68,279,532 52,496,782 30,236,619 26,002,098 399 196 426,113 1,775,300 2024 85,381,842 191,398,092 27,567,773 54,638,780 425 187 440,961 1,361,737 2023 30,576,590 82,658,840 14,837,091 25,794,195 278 135 474,326 1,163,741 2022 34,601,100 37,288,439 13,511,355 13,746,133 155 110 167,541 994,350 2021 70,842,896 135,601,181 23,162,854 25,070,250 178 141 386,748 712,308 (1) The dollar amounts reported in this column are the amounts of total compensation reported for our Chief Executive Officer (the “PEO”) for each corresponding year, as reported in the “Total” column of the Summary Compensation Table. The name of the PEO of the Company reflected in these columns for each of the applicable fiscal years is Michael J Arougheti .
(2) “Compensation Actually Paid to PEO” has been calculated in accordance with the requirements of Item 402(v)(2)(iii) of Regulation S-K and does not reflect compensation actually earned, realized or received. When calculating “Compensation Actually Paid to PEO”, the following adjustments were made to the amounts reported for Mr. Arougheti in the Summary Compensation Table. In calculating “Compensation Actually Paid”, the fair value or change in fair value, as applicable, of the equity award adjustments included in each such calculation was computed in accordance with FASB ASC Topic 718. Importantly, the dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Arougheti during the applicable year. “Compensation Actually Paid” for Mr. Arougheti includes performance equity awards with market conditions that have fully vested during the periods presented. Those performance equity awards with market conditions are presented as if the market conditions were met on the respective grant dates, with corresponding changes in fair value between the grant dates and vesting dates included within “Compensation Actually Paid to PEO.”
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