Scott Milsten - Mar 2, 2023 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Role
Senior Vice President, General Counsel, Corporate Secretary & Chief People Officer
Signature
/s/ Scott K. Milsten
Stock symbol
ELF
Transactions as of
Mar 2, 2023
Transactions value $
-$2,999,070
Form type
4
Date filed
3/6/2023, 04:38 PM
Previous filing
Feb 6, 2023
Next filing
Jun 5, 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 -$1.14M -15.7K -12.31% $72.84 112K Mar 2, 2023 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Options Exercise $11K +6K +5.36% $1.84* 118K Mar 3, 2023 Direct F2, F3
transaction ELF Common Stock, $0.01 par value Sale -$1.76M -23.4K -19.88% $74.94 94.4K Mar 3, 2023 Direct F2, F3, F4
transaction ELF Common Stock, $0.01 par value Sale -$110K -1.45K -1.54% $75.78 93K Mar 3, 2023 Direct F2, F3, F5
holding ELF Common Stock, $0.01 par value 22.8K Mar 2, 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 -6K -25% $0.00 18K Mar 3, 2023 Common Stock 6K $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