Tarang Amin - Nov 3, 2022 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten, Attorney-in-Fact for Tarang Amin
Stock symbol
ELF
Transactions as of
Nov 3, 2022
Transactions value $
-$2,901,046
Form type
4
Date filed
11/7/2022, 03:55 PM
Previous filing
Nov 2, 2022
Next filing
Nov 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELF Common Stock, $0.01 par value Options Exercise $1.7M +100K +28.78% $17.00* 447K Nov 3, 2022 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale -$3.79M -82.8K -18.49% $45.85 365K Nov 3, 2022 Direct F1, F2, F3
transaction ELF Common Stock, $0.01 par value Sale -$797K -17K -4.67% $46.75 348K Nov 3, 2022 Direct F1, F2, F4
transaction ELF Common Stock, $0.01 par value Sale -$9.5K -200 -0.06% $47.49 347K Nov 3, 2022 Direct F1, F2
holding ELF Common Stock, $0.01 par value 364K Nov 3, 2022 By Family Trust
holding ELF Common Stock, $0.01 par value 364K Nov 3, 2022 By Family Trust
holding ELF Common Stock, $0.01 par value 682K Nov 3, 2022 By Family Trust

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 ELF Stock Option (Right to Buy) Options Exercise $0 -100K -23.36% $0.00 328K Nov 3, 2022 Common Stock 100K $17.00 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2 Includes 131,462 Restricted Stock Units.
F3 The transaction was executed in multiple trades in prices ranging from $45.45 to $46.44, 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.
F4 The transaction was executed in multiple trades in prices ranging from $46.45 to $47.23, 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 The stock option is fully vested and exercisable.