Jodi J. Caro - 31 Mar 2023 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Role: GC and Corporate Secretary
Signature: /s/ Jodi J. Caro
Issuer symbol: ULTA
Transactions as of: 31 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Apr 2023, 18:21:34 UTC
Previous filing: 22 Mar 2023
Next filing: 13 Dec 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	+359	+6.9%	$0.000000	5,590	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	+1,462		$0.000000	1,462	31 Mar 2023	Common Stock	1,462	$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 359 shares of restricted stock, vesting 100% on March 15, 2026.
F2	The options, representing an initial right to purchase a total of 1462 shares, vesting in 25% annual increments beginning March 15, 2024 and each anniversary thereafter through March 15, 2027.