Kory Marchisotto - Mar 13, 2023 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Role
Senior Vice President, Chief Marketing Officer
Signature
/s/ Scott Milsten, Attorney-in-Fact for Kory Marchisotto
Stock symbol
ELF
Transactions as of
Mar 13, 2023
Transactions value $
-$1,780,412
Form type
4
Date filed
3/15/2023, 04:06 PM
Previous filing
Mar 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 Options Exercise $229K +28.8K +20% $7.95* 173K Mar 13, 2023 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale -$261K -3.8K -2.2% $68.61 169K Mar 13, 2023 Direct F1, F2, F3
transaction ELF Common Stock, $0.01 par value Sale -$1.67M -23.9K -14.14% $70.00 145K Mar 13, 2023 Direct F1, F2, F4
transaction ELF Common Stock, $0.01 par value Sale -$77.2K -1.1K -0.76% $70.19 144K Mar 13, 2023 Direct F1, F2, F5

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 -28.8K -100% $0.00* 0 Mar 13, 2023 Common Stock 28.8K $7.95 Direct F6
* 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 $68.09 to $69.08, 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 $69.10 to $70.09, 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 $70.10 to $70.26, 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 Option vests with respect to 25% of the total shares subject thereto on each of the first, second, third and fourth anniversary of February 26, 2019, 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.

Remarks:

Senior Vice President, Chief Marketing Officer