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

Mar 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2021-03-02

Reporting Person: Milsten Scott (See remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-02	Common Stock, $0.01 par value	S	7270	$26.31	Disposed	204128	Direct
2021-03-02	Common Stock, $0.01 par value	S	17220	$26.32	Disposed	186908	Direct
2021-03-03	Common Stock, $0.01 par value	S	29235	$25.8203	Disposed	157673	Direct
2021-03-03	Common Stock, $0.01 par value	S	1200	$26.4333	Disposed	156473	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	52363	Indirect

Footnotes

F1: 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.

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 $25.40 to $26.39, 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 transaction was executed in multiple trades in prices ranging from $26.41 to $26.45, 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.