Scott Milsten - Jun 1, 2021 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten
Stock symbol
ELF
Transactions as of
Jun 1, 2021
Transactions value $
-$418,086
Form type
4
Date filed
6/3/2021, 05:51 PM
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELF Common Stock, $0.01 par value Award $0 +27.2K +15.37% $0.00 204K Jun 1, 2021 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale -$210K -7.76K -3.8% $27.12* 196K Jun 2, 2021 Direct F2, F3, F4
transaction ELF Common Stock, $0.01 par value Sale -$208K -7.63K -3.88% $27.21* 189K Jun 3, 2021 Direct F2, F5, F6
holding ELF Common Stock, $0.01 par value 52.4K Jun 1, 2021 By Milsten/Conner Trust dated October 17, 2008
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported vest in four equal annual installments subject to continued service and do not include shares that vest based upon performance metrics, which will be reported upon achievement.
F2 Includes 27,200 Restricted Stock Units ("RSUs"). The Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU upon the vesting thereof.
F3 The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a Restricted Stock Award ("RSAs") of the Issuer.
F4 The transaction was executed in multiple trades in prices ranging from $27.11 to $27.2622, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F5 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F6 The transaction was executed in multiple trades in prices ranging from $26.95 to $27.42, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Remarks:

Senior Vice President, General Counsel, Corporate Secretary & Chief People Officer