Anita Jane Ryan - 15 Mar 2025 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Signature
/s/ Jodi J. Caro, as attorney-in-fact for Anita Jane Ryan
Issuer symbol
ULTA
Transactions as of
15 Mar 2025
Net transactions value
-$231,290
Form type
4
Filing time
18 Mar 2025, 18:44:20 UTC
Previous filing
02 Apr 2024
Next filing
02 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULTA Common Stock Award $0 +1,612 +53% $0.000000 4,627 15 Mar 2025 Direct F1
transaction ULTA Common Stock Tax liability $169,088 -473 -10% $357.48 4,154 15 Mar 2025 Direct F3
transaction ULTA Common Stock Tax liability $62,202 -174 -4.2% $357.48 3,980 15 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 1,612 performance-based restricted share units, which were awarded on March 24, 2022 under the Amended and Restated Ulta Beauty, Inc. 2011 Incentive Award Plan. Each performance-based restricted share unit represents the right to one share of common stock, which vested based on satisfaction of certain performance goals and a time-based service vesting restriction which lapses on March 15, 2025, subject to continued employment. The Company's compensation committee certified on March 15, 2025 that the performance vesting goals were satisfied.
F2 Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of performance based restricted stock grants previously reported.
F3 Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock grants previously reported.