Tarang Amin - 05 Oct 2023 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten, Attorney-in-Fact for Tarang Amin
Issuer symbol
ELF
Transactions as of
05 Oct 2023
Net transactions value
-$1,138,542
Form type
4
Filing time
10 Oct 2023, 16:13:35 UTC
Previous filing
04 Oct 2023
Next filing
26 Oct 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 $635,770 -6,585 -4.4% $96.55 142,430 05 Oct 2023 By Family Trust F1, F2
transaction ELF Common Stock, $0.01 par value Sale $151,366 -1,559 -1.1% $97.09 140,871 05 Oct 2023 By Family Trust F1, F3
transaction ELF Common Stock, $0.01 par value Sale $19,590 -200 -0.14% $97.95 140,671 05 Oct 2023 By Family Trust F1
transaction ELF Common Stock, $0.01 par value Sale $70,330 -728 -0.27% $96.61 271,609 05 Oct 2023 By Family Trust F1, F4
transaction ELF Common Stock, $0.01 par value Sale $95,590 -980 -0.36% $97.54 270,629 05 Oct 2023 By Family Trust F1, F5
transaction ELF Common Stock, $0.01 par value Sale $66,243 -686 -0.25% $96.56 271,651 05 Oct 2023 By Family Trust F1, F6
transaction ELF Common Stock, $0.01 par value Sale $99,653 -1,022 -0.38% $97.51 270,629 05 Oct 2023 By Family Trust F1, F7
holding ELF Common Stock, $0.01 par value 200,000 05 Oct 2023 By GRAT
holding ELF Common Stock, $0.01 par value 200,000 05 Oct 2023 By GRAT
holding ELF Common Stock, $0.01 par value 252,792 05 Oct 2023 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023.
F2 The transaction was executed in multiple trades in prices ranging from $95.84 to $96.83, 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.
F3 The transaction was executed in multiple trades in prices ranging from $96.85 to $97.67, 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 $95.96 to $96.94, 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 $97.35 to $97.95, 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 The transaction was executed in multiple trades in prices ranging from $95.96 to $96.92, 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.
F7 The transaction was executed in multiple trades in prices ranging from $96.98 to $97.95, 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.
F8 Includes 127,140 restricted stock units.