Joshua Allen Franks - Feb 8, 2023 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten, Attorney-in-fact for Joshua Allen Franks
Stock symbol
ELF
Transactions as of
Feb 8, 2023
Transactions value $
-$723,327
Form type
4
Date filed
2/10/2023, 03:30 PM
Previous filing
Feb 8, 2023
Next filing
Mar 8, 2023

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 $9.42K +600 +0.53% $15.70* 115K Feb 8, 2023 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale -$43.2K -600 -0.52% $72.05 114K Feb 8, 2023 Direct F1, F2, F3
transaction ELF Common Stock, $0.01 par value Options Exercise $191K +12.2K +10.64% $15.70* 126K Feb 9, 2023 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale -$844K -11.7K -9.22% $72.37 115K Feb 9, 2023 Direct F1, F2, F4
transaction ELF Common Stock, $0.01 par value Sale -$36.5K -500 -0.44% $73.00 114K Feb 9, 2023 Direct F1, F2

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 -600 -2.18% $0.00 26.9K Feb 8, 2023 Common Stock 600 $15.70 Direct F1, F5
transaction ELF Stock Option (Right to Buy) Options Exercise $0 -12.2K -45.27% $0.00 14.7K Feb 9, 2023 Common Stock 12.2K $15.70 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 62,190 Restricted Stock Units.
F3 The transaction was executed in multiple trades in prices ranging from $72.00 to $72.08, 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 $72.00 to $72.88, 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 Option vests with respect to 25% of the total shares subject thereto on each of the first, second, third and fourth anniversary of January 2, 2020, subject to the Reporting Person continuing to provide services to the Issuer as an employee, consultant, director or officer of the Company through each applicable vesting date.