Scott M. Settersten - 31 Mar 2023 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Role: Chief Financial Officer
Signature: /s/ Jodi J. Caro, as attorney-in-fact for Scott M. Settersten
Issuer symbol: ULTA
Transactions as of: 31 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Apr 2023, 18:17:26 UTC
Previous filing: 17 Mar 2023
Next filing: 03 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ULTA	Common Stock	Award	$0	+680	+5.5%	$0.000000	12,954	31 Mar 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ULTA	Stock Option (right to buy)	Award	$0	+2,770		$0.000000	2,770	31 Mar 2023	Common Stock	2,770	$545.67	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents grant of 680 shares of restricted stock, vesting 100% on March 15, 2026.
F2	The options, representing an initial right to purchase a total of 2,770 shares, vesting in 25% annual increments beginning March 15, 2024 and each anniversary thereafter through March 15, 2027.