Scott K. Milsten - 02 Mar 2023 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten
Issuer symbol
ELF
Transactions as of
02 Mar 2023
Net transactions value
-$2,999,070
Form type
4
Filing time
06 Mar 2023, 16:38:21 UTC
Previous filing
06 Feb 2023
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELF Common Stock, $0.01 par value Sale $1,144,098 -15,707 -12% $72.84 111,853 02 Mar 2023 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Options Exercise $11,040 +6,000 +5.4% $1.84* 117,853 03 Mar 2023 Direct F2, F3
transaction ELF Common Stock, $0.01 par value Sale $1,756,132 -23,433 -20% $74.94 94,420 03 Mar 2023 Direct F2, F3, F4
transaction ELF Common Stock, $0.01 par value Sale $109,880 -1,450 -1.5% $75.78 92,970 03 Mar 2023 Direct F2, F3, F5
holding ELF Common Stock, $0.01 par value 22,761 02 Mar 2023 By Milsten/Conner Trust dated October 17, 2008

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 -6,000 -25% $0.000000 18,000 03 Mar 2023 Common Stock 6,000 $1.84 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 62,190 restricted stock units.
F3 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F4 The transaction was executed in multiple trades in prices ranging from $74.52 to $75.47, 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 transaction was executed in multiple trades in prices ranging from $75.56 to $75.97, 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.
F6 Fully vested.

Remarks:

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