SEC Form 4 · accession 0001140361-17-008011
e.l.f. Beauty, Inc. · ELF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tarang Amin
Officer — See Remarks · Director
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 6:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600033
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1,F2 | Feb 14, 2017 | A | 266,600 | $0.00 | A | 3,053,798 | D | |
| Common Stock, $0.01 par valueF3,F4 | holding | — | — | — | 623,207 | I | By Family Trust | |
| Common Stock, $0.01 par valueF3,F4 | holding | — | — | — | 623,207 | I | By Family Trust | |
| Common Stock, $0.01 par valueF3,F4 | holding | — | — | — | 1,513,583 | I | By Family Trust |
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)F5 | $26.84 | Feb 14, 2017 | A | 213,000 | A | — | Feb 14, 2027 | Common Stock | 213,000 | 213,000 | D |
Explanation of responses
- F1Includes 216,600 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.
- F2Includes 363,161 RSUs.
- F3The shares reported herein as held indirectly by the Reporting Person reflect a reallocation of shares held among the Reporting Person's family trusts. Aggregate shares held indirectly by the Reporting Person have not changed.
- F4Represents shares of the Issuer's Common Stock held directly by certain family trusts over which the Reporting Person and his spouse each have sole investment and voting power.
- F5The option shall vest and become exercisable in three equal tranches on the the thirtieth consecutive trading day that the per share closing trading price of the Issuer's common stock equals or exceeds certain successively higher share price targets, subject to the Reporting Person continuing to provide services to the Issuer as an employee, consultant, director or officer of the Company through the applicable vesting date; provided, however, that in the event a share price target is met on or before November 30, 2017, the shares will vest and become exercisable on the earlier of (a) November 30, 2017 and (b) the termination of Grantee's services to the Company as an employee, consultant, director or officer of the Company.
Remarks
Chairman and Chief Executive Officer