e.l.f. Beauty, Inc. — Director's Dealing 2023

Aug 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: e.l.f. Beauty, Inc. (ELF)
CIK: 0001600033
Period of Report: 2023-08-07

Reporting Person: AMIN TARANG (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-07	Common Stock, $0.01 par value	M	39740	$1.84	Acquired	292532	Direct
2023-08-07	Common Stock, $0.01 par value	S	7801	$128.8372	Disposed	284731	Direct
2023-08-07	Common Stock, $0.01 par value	S	9042	$129.9448	Disposed	275689	Direct
2023-08-07	Common Stock, $0.01 par value	S	20197	$131.054	Disposed	255492	Direct
2023-08-07	Common Stock, $0.01 par value	S	2700	$131.577	Disposed	252792	Direct
2023-08-07	Common Stock, $0.01 par value	S	2600	$128.9997	Disposed	286405	Indirect
2023-08-07	Common Stock, $0.01 par value	S	1701	$130.0827	Disposed	284704	Indirect
2023-08-07	Common Stock, $0.01 par value	S	3831	$131.1458	Disposed	280873	Indirect
2023-08-07	Common Stock, $0.01 par value	S	200	$131.7	Disposed	280673	Indirect
2023-08-07	Common Stock, $0.01 par value	S	2500	$128.9556	Disposed	286505	Indirect
2023-08-07	Common Stock, $0.01 par value	S	2203	$130.1992	Disposed	284302	Indirect
2023-08-07	Common Stock, $0.01 par value	S	3629	$131.2219	Disposed	280673	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-07	Stock Option (Right to Buy)	$1.84	M	39740	Disposed	2024-01-31	Common Stock (39740)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	174015	Indirect
Common Stock, $0.01 par value	200000	Indirect
Common Stock, $0.01 par value	200000	Indirect

Footnotes

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

F2: Includes 127,140 restricted stock units.

F3: The transaction was executed in multiple trades in prices ranging from $128.34 to $129.33, 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 $129.36 to $130.35, 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.

F5: The transaction was executed in multiple trades in prices ranging from $130.43 to $131.41, 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: The transaction was executed in multiple trades in prices ranging from $131.43 to $131.76, 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.

F7: The transaction was executed in multiple trades in prices ranging from $128.52 to $129.29, 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: The transaction was executed in multiple trades in prices ranging from $129.57 to $130.29, 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.

F9: The transaction was executed in multiple trades in prices ranging from $130.64 to $131.53, 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.

F10: The transaction was executed in multiple trades in prices ranging from $128.52 to $129.36, 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.

F11: The transaction was executed in multiple trades in prices ranging from $129.76 to $130.62, 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.

F12: The transaction was executed in multiple trades in prices ranging from $130.89 to $131.80, 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.

F13: The stock option is fully vested.