e.l.f. Beauty, Inc. — Director's Dealing 2021

Jul 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2021-07-01

Reporting Person: AMIN TARANG (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-24	Common Stock, $0.01 par value	G	35000	—	Disposed	1877977	Indirect
2021-07-01	Common Stock, $0.01 par value	S	56332	$26.9852	Disposed	1761645	Indirect
2021-07-01	Common Stock, $0.01 par value	S	5417	$26.9608	Disposed	398173	Indirect
2021-07-01	Common Stock, $0.01 par value	S	5417	$26.9741	Disposed	398173	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	550809	Direct

Footnotes

F1: Reflects the transfer of 14,797 shares previously held directly by the Reporting Person into a family trust.

F2: Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.

F3: The transaction was executed in multiple trades in prices ranging from $26.79 to $27.31, 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: Reflects the transfer of 60,000 shares previously held indirectly by the Reporting Person into family trusts.

F5: The transaction was executed in multiple trades in prices ranging from $26.80 to $27.15, 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: Reflects the transfer of 30,000 shares previously held indirectly by the Reporting Person into a family trust.

F7: The transaction was executed in multiple trades in prices ranging from $26.82 to $27.23, 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: Includes 68,910 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.