SEC Form 4 · accession 0001567619-18-003938
e.l.f. Beauty, Inc. · ELF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P. Bailey
Officer — President and CFO
Period of report
Oct 9, 2018
Accepted (ET)
Oct 10, 2018 · 6:52 pm EDT
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 valueF2 | Oct 9, 2018 | M | 86,600 | $1.84 | A | 430,438 | D | |
| Common Stock, $0.01 par valueF3,F2 | Oct 9, 2018 | S | 86,600 | $12.5354 | D | 343,838 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 191,050 | I | By the Bailey Family Trust dated April 3, 2015 |
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)F4 | $1.84 | Oct 9, 2018 | M | 86,600 | D | — | Aug 12, 2025 | Common Stock | 86,600 | 471,130 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- F2Includes 33,308 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.
- F3The transaction was executed in multiple trades in prices ranging from $12.39 to $12.84, 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.
- F4The option was previously granted with vesting dependent upon the achievement of performance milestones, such milestones were subsequently met, and the option is now fully vested and immediately exercisable.