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

Jun 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2017-06-19

Reporting Person: AMIN TARANG (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-19	Common Stock, $0.01 par value	S	47380	$26.0901	Disposed	2466203	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	1461046	Direct
Common Stock, $0.01 par value	623207	Indirect
Common Stock, $0.01 par value	623207	Indirect

Footnotes

F1: Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on May 19, 2017.

F2: This transaction was executed in multiple trades in prices ranging from $25.95 to $26.26, 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 1,000,000 shares previously held directly by the Reporting Person into a family trust.

F4: Represents shares of the Issuer's Common Stock held directly by certain family trusts over which the Reporting Person and his spouse each have sole investment and voting power.

F5: Includes 363,161 Restricted Stock Units ("RSUs"). The reporting person is entitled to receive one (1) share of common stock for each one (1) RSU upon the vesting thereof.