Tarang Amin - Jun 3, 2024 Form 4 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
Jun 3, 2024
Transactions value $
-$11,963,079
Form type
4
Date filed
6/7/2024, 06:40 PM
Previous filing
May 8, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELF Common Stock, $0.01 par value Award $0 +18.8K +6.66% $0.00 302K Jun 3, 2024 Direct F1
transaction ELF Common Stock, $0.01 par value Sale -$3.15M -17K -5.65% $184.96 285K Jun 5, 2024 Direct F2
transaction ELF Common Stock, $0.01 par value Sale -$4.79M -25.9K -9.11% $184.96 259K Jun 5, 2024 Direct F3
transaction ELF Common Stock, $0.01 par value Sale -$99.7K -546 -0.24% $182.58 224K Jun 5, 2024 By Family Trust F4, F5
transaction ELF Common Stock, $0.01 par value Sale -$201K -1.09K -0.49% $184.12 223K Jun 5, 2024 By Family Trust F4, F6
transaction ELF Common Stock, $0.01 par value Sale -$235K -1.27K -0.57% $184.83 222K Jun 5, 2024 By Family Trust F4, F7
transaction ELF Common Stock, $0.01 par value Sale -$94.5K -504 -0.23% $187.55 221K Jun 5, 2024 By Family Trust F4, F8
transaction ELF Common Stock, $0.01 par value Sale -$107K -588 -0.26% $182.65 224K Jun 5, 2024 By Family Trust F4, F9
transaction ELF Common Stock, $0.01 par value Sale -$186K -1.01K -0.45% $184.08 223K Jun 5, 2024 By Family Trust F4, F10
transaction ELF Common Stock, $0.01 par value Sale -$243K -1.32K -0.59% $184.84 222K Jun 5, 2024 By Family Trust F4, F11
transaction ELF Common Stock, $0.01 par value Sale -$94.5K -504 -0.23% $187.48 221K Jun 5, 2024 By Family Trust F4, F12
transaction ELF Common Stock, $0.01 par value Gift $0 -27K -10.44% $0.00 232K Jun 5, 2024 Direct F13, F14
transaction ELF Common Stock, $0.01 par value Gift $0 -30K -12.95% $0.00 202K Jun 5, 2024 Direct F14, F15
transaction ELF Common Stock, $0.01 par value Gift $0 +30K $0.00 30K Jun 5, 2024 By Amin Family General Partnership
transaction ELF Common Stock, $0.01 par value Gift $0 -200K -100% $0.00* 0 Jun 5, 2024 By GRAT F15
transaction ELF Common Stock, $0.01 par value Gift $0 +200K +666.67% $0.00 230K Jun 5, 2024 By Amin Family General Partnership
transaction ELF Common Stock, $0.01 par value Gift $0 -200K -100% $0.00* 0 Jun 5, 2024 By GRAT F15
transaction ELF Common Stock, $0.01 par value Gift $0 +200K +86.96% $0.00 430K Jun 5, 2024 By Amin Family General Partnership
transaction ELF Common Stock, $0.01 par value Sale -$583K -3.18K -1.58% $183.25 198K Jun 6, 2024 Direct F4, F16
transaction ELF Common Stock, $0.01 par value Sale -$1.04M -5.65K -2.85% $184.32 193K Jun 6, 2024 Direct F4, F17
transaction ELF Common Stock, $0.01 par value Sale -$1.07M -5.8K -3.01% $185.01 187K Jun 6, 2024 Direct F4, F18
transaction ELF Common Stock, $0.01 par value Sale -$58.9K -317 -0.17% $185.84 187K Jun 6, 2024 Direct F4, F19
* 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 Reflects Restricted Stock Units ("RSUs") that vest in four equal annual installments subject to continued service and does not include Performance Stock Units that vest based upon performance metrics, which are expected to be reported upon achievement.
F2 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 of the Issuer.
F3 The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a RSUs of the Issuer.
F4 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023.
F5 The transaction was executed in multiple trades in prices ranging from $181.94 to $182.87, 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 $183.53 to $184.49, 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 $184.55 to $185.07, 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 The transaction was executed in multiple trades in prices ranging from $187.10 to $187.89, 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.
F9 The transaction was executed in multiple trades in prices ranging from $182.02 to $182.87, 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.
F10 The transaction was executed in multiple trades in prices ranging from $183.53 to $184.51, 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.
F11 The transaction was executed in multiple trades in prices ranging from $184.54 to $185.07, 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.
F12 The transaction was executed in multiple trades in prices ranging from $187.05 to $187.85, 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.
F13 Represents a donative gift to The Amin Foundation, a private charitable foundation. The Reporting Person disclaims beneficial ownership of all shares of common stock held by The Amin Foundation.
F14 Includes 100,589 RSUs.
F15 Represents a transfer to the Amin Family General Partnership.
F16 The transaction was executed in multiple trades in prices ranging from $182.70 to $183.66, 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.
F17 The transaction was executed in multiple trades in prices ranging from $183.70 to $184.69, 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.
F18 The transaction was executed in multiple trades in prices ranging from $184.72 to $185.71, 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.
F19 The transaction was executed in multiple trades in prices ranging from $185.72 to $186.00, 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.