e.l.f. Beauty, Inc. — Director's Dealing 2016

Sep 21, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2016-09-21

Reporting Person: Milsten Scott (See remarks)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	301030	Direct
Common Stock, $0.01 par value	132	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$5.07	2024-01-31	Common Stock (55200)		Direct
Stock Option (Right to Buy)	$5.07	2025-08-12	Common Stock (209942)		Direct
Convertible Preferred Stock, $0.01 par value	$		Common Stock (179267)		Indirect

Footnotes

F1: Includes 33,310 Restricted Stock Units.

F2: The option will vest, in part or in full, solely upon the achievement of certain performance milestones, as determined by the Issuer's board of directors in its sole discretion.

F3: The shares of the Issuer's Convertible Preferred Stock automatically convert into shares of the Issuer's Common Stock, for no additional consideration, on a 1:276 basis immediately prior to the consummation of the Issuer's initial public offering. The total reported in Column 3 represents the amount of the Issuer's Common Stock underlying the Convertible Preferred Stock actually outstanding.

F4: The expiration date is not relevant to the conversion of these securities.