Tarang Amin - Apr 5, 2024 Form 4/A Insider Report for e.l.f. Beauty, Inc. (ELF)

Signature
/s/ Scott K. Milsten, Attorney-in-Fact for Tarang Amin
Stock symbol
ELF
Transactions as of
Apr 5, 2024
Transactions value $
-$2,712,528
Form type
4/A
Date filed
4/29/2024, 08:35 PM
Date Of Original Report
Apr 19, 2024
Previous filing
Apr 3, 2024
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELF Common Stock, $0.01 par value Sale -$938K -5.82K -13.14% $161.26 38.4K Apr 5, 2024 By Family Trust F1, F2, F3
transaction ELF Common Stock, $0.01 par value Sale -$481K -2.97K -7.71% $162.07 35.5K Apr 5, 2024 By Family Trust F1, F3, F4
transaction ELF Common Stock, $0.01 par value Sale -$751K -4.6K -12.97% $163.24 30.9K Apr 5, 2024 By Family Trust F1, F3, F5
transaction ELF Common Stock, $0.01 par value Sale -$410K -2.5K -8.1% $164.04 28.4K Apr 5, 2024 By Family Trust F1, F3, F6
transaction ELF Common Stock, $0.01 par value Sale -$132K -800 -2.82% $165.13 27.6K Apr 5, 2024 By Family Trust F1, F3, F7
holding ELF Common Stock, $0.01 par value 219K Apr 5, 2024 Direct F3, 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 $160.70 to $161.66, 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 Reflects the transfer of 33,375 shares previously held directly by the Reporting Person into a family trust.
F4 The transaction was executed in multiple trades in prices ranging from $161.71 to $162.65, 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 $162.72 to $163.68, 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 $163.73 to $164.44, 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 $164.84 to $165.20, 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.

Remarks:

On April 19, 2024, the original Form 4 was filed which did not include the sales for one of the Family Trusts or the transfer of shares to that trust from directly held shares.