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

Jun 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2021-06-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-01	Common Stock, $0.01 par value	S	56332	$27.5745	Disposed	1898180	Indirect
2021-06-01	Common Stock, $0.01 par value	S	5417	$27.5724	Disposed	373590	Indirect
2021-06-01	Common Stock, $0.01 par value	S	5417	$27.5688	Disposed	373590	Indirect
2021-06-01	Common Stock, $0.01 par value	A	68910	—	Acquired	580659	Direct
2021-06-02	Common Stock, $0.01 par value	S	15053	$27.1146	Disposed	565606	Direct

Footnotes

F1: Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.

F2: The transaction was executed in multiple trades in prices ranging from $27.26 to $28.21, 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: The transaction was executed in multiple trades in prices ranging from $27.30 to $27.89, 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: The shares reported vest in four equal annual installments subject to continued service and do not include shares that vest based upon performance metrics, which will be reported upon achievement.

F5: 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.

F6: The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a Restricted Stock Award ("RSAs") of the Issuer.

F7: The transaction was executed in multiple trades in prices ranging from $27.11 to $27.2524, 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.