Kecia Steelman - 30 Aug 2021 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Role: Chief Operating Officer
Signature: /s/ Jodi J. Caro, as attorney-in-fact for Kecia Steelman
Issuer symbol: ULTA
Transactions as of: 30 Aug 2021
Net transactions value: -$336,072
Form type: 4
Filing time: 01 Sep 2021, 16:12:16 UTC
Previous filing: 14 Jun 2021
Next filing: 09 Dec 2021
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	$333,471	+1,739	+13%	$191.76	14,854	30 Aug 2021	Direct
transaction	ULTA	Common Stock	Sale	$669,543	-1,739	-12%	$385.02	13,115	30 Aug 2021	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)	Options Exercise	$0	-1,739	-100%	$0.000000^*	0	30 Aug 2021	Common Stock	1,739	$191.76	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The prices actually received ranged from $385.01 to $385.20. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F2	The options, representing an initial right to purchase a total of 3,478 shares, vesting in 25% annual increments beginning March 15, 2017 and each anniversary thereafter through March 15, 2020.

Content

The price reported in Column 4 is a weighted average price. The prices actually received ranged from $385.01 to $385.20. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.

The options, representing an initial right to purchase a total of 3,478 shares, vesting in 25% annual increments beginning March 15, 2017 and each anniversary thereafter through March 15, 2020.