Jodi J. Caro - 12 Dec 2023 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Role: GC, Chief Risk & Compl. Ofc.
Signature: /s/ Jodi J. Caro
Issuer symbol: ULTA
Transactions as of: 12 Dec 2023
Net transactions value: -$569,288
Form type: 4
Filing time: 13 Dec 2023, 16:33:32 UTC
Previous filing: 04 Apr 2023
Next filing: 21 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ULTA	Common Stock	Options Exercise	$314,708	+1,804	+32%	$174.45	7,394	12 Dec 2023	Direct
transaction	ULTA	Common Stock	Sale	$883,996	-1,804	-24%	$490.02	5,590	12 Dec 2023	Direct

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)	Options Exercise	$0	-1,804	-50%	$0.000000	1,804	12 Dec 2023	Common Stock	1,804	$174.45	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The options, representing an initial right to purchase a total of 7,215 shares, vesting in 25% annual increments beginning March 15, 2021 and each anniversary thereafter through March 15, 2024.