Tarang Amin - 18 Apr 2025 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
18 Apr 2025
Net transactions value
-$5,224,744
Form type
4
Filing time
22 Apr 2025, 18:15:11 UTC
Previous filing
03 Apr 2025
Next filing
05 Jun 2025

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 +179,505 +180% $0.000000 279,204 18 Apr 2025 Direct F1, F2
transaction ELF Common Stock, $0.01 par value Sale $5,224,744 -97,915 -35% $53.36 181,289 21 Apr 2025 Direct F2, F3
holding ELF Common Stock, $0.01 par value 211,087 18 Apr 2025 By Family Trust
holding ELF Common Stock, $0.01 par value 211,087 18 Apr 2025 By Family Trust
holding ELF Common Stock, $0.01 par value 478,254 18 Apr 2025 By Amin Family General Partnership
* 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 Represents performance-based restricted stock units ("PSUs") initially granted on June 1, 2022 that were subject to performance-based vesting conditions. The Compensation Committee certified the achievement of the performance-based vesting conditions for the PSUs on April 18, 2025.
F2 Includes 99,677 restricted stock units.
F3 The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to PSUs of the Issuer.