SEC Form 4 · accession 0001209191-17-023194
Ulta Beauty, Inc. · ULTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Dillon
Officer — Chief Executive Officer · Director
Period of report
Mar 24, 2017
Accepted (ET)
Mar 28, 2017 · 6:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403568
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 24, 2017 | A | 12,302 | $0.00 | A | 68,191 | D | |
| Common StockF2 | Mar 24, 2017 | A | 3,111 | $0.00 | A | 71,302 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $281.53 | Mar 24, 2017 | A | 31,223 | A | — | Mar 24, 2027 | Common Stock | 31,223 | 31,223 | D |
Explanation of responses
- F1Represents 12,302 performance-based restricted share units, which were awarded on March 27, 2015 under the Amended and Restated Ulta Beauty, Inc. 2011 Incentive Award Plan. Each performance-based restricted share unit represents the right to one share of common stock, which vested based on satisfaction of certain performance goals and a time-based service vesting restriction which lapses on March 15, 2018, subject to continued employment. The Company's compensation committee certified on March 24, 2017 that the performance vesting goals were satisfied.
- F2Represents a grant of 3,111 restricted stock units, each representing one share of common stock, vesting 100% on 3/15/2020.
- F3The options, representing a right to purchase a total of 31,223 shares of common stock, vesting in 25% annual increments beginning on 3/15/2018 and on each anniversary thereafter through 3/15/2021.