Scott Milsten - Sep 5, 2023 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten
Stock symbol
ELF
Transactions as of
Sep 5, 2023
Transactions value $
-$807,511
Form type
4
Date filed
9/7/2023, 04:11 PM
Previous filing
Jun 7, 2023
Next filing
Dec 6, 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 $11K +6K +7.58% $1.84* 85.1K Sep 5, 2023 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale -$612K -4.49K -5.28% $136.24 80.6K Sep 5, 2023 Direct F1, F2, F3
transaction ELF Common Stock, $0.01 par value Sale -$179K -1.31K -1.62% $136.82 79.3K Sep 5, 2023 Direct F1, F2, F4
transaction ELF Common Stock, $0.01 par value Sale -$27.6K -200 -0.25% $138.04 79.1K Sep 5, 2023 Direct F1, F2, F5
holding ELF Common Stock, $0.01 par value 22.8K Sep 5, 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 -50% $0.00 6K Sep 5, 2023 Common Stock 6K $1.84 Direct F1, 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 on November 28, 2022.
F2 Includes 63,714 restricted stock units.
F3 The transaction was executed in multiple trades in prices ranging from $135.65 to $136.61, 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 $136.65 to $137.48, 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 $137.94 to $138.13, 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