e.l.f. Beauty, Inc. — Director's Dealing 2017

Jun 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2017-06-21

Reporting Person: Fieldman Jonathan T. (Senior Vice President,, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-21	Common Stock, $0.01 par value	M	12640	$8.22	Acquired	61287	Direct
2017-06-21	Common Stock, $0.01 par value	S	12340	$26.5032	Disposed	48947	Direct
2017-06-21	Common Stock, $0.01 par value	S	300	$27.0667	Disposed	48647	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-21	Stock Option (Right to Buy)	$8.22	M	12640	Disposed	2026-08-09	Common Stock, $0.01 par value (12640)	Direct

Footnotes

F1: Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on May 18, 2017.

F2: Includes 26,647 Restricted Stock Units.

F3: This transaction was executed in multiple trades in prices ranging from $26.03 to $27.00, 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.

F4: This transaction was executed in multiple trades in prices ranging from $27.04 to $27.12, 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: Exercise price was previously incorrectly reported as $8.23 per share.

F6: The option was previously granted with vesting dependent upon the achievement of performance milestones; such milestones were subsequently met, and the option is now fully vested and immediately exercisable.