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

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2021-02-16

Reporting Person: Milsten Scott (See remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Common Stock, $0.01 par value	S	5531	$23.72	Disposed	221017	Direct
2021-02-17	Common Stock, $0.01 par value	S	9619	$24.5398	Disposed	211398	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 plan adopted by the Reporting Person.

F3: The transaction was executed in multiple trades in prices ranging from $23.95 to $24.83, 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.