SEC Form 4 · accession 0001567619-18-005444
e.l.f. Beauty, Inc. · ELF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan T. Fieldman
Officer — See Remarks
Period of report
Nov 6, 2018
Accepted (ET)
Nov 8, 2018 · 5:03 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 StockF2 | Nov 6, 2018 | M | 65,000 | $8.22 | A | 131,423 | D | |
| Common StockF3,F2 | Nov 6, 2018 | S | 65,000 | $13.2232 | D | 66,423 | 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)F4 | $8.22 | Nov 6, 2018 | M | 26,000 | D | — | Aug 9, 2026 | Common Stock | 26,000 | 0 | D |
| Stock Option (Right to Buy)F5,F6 | $8.22 | Nov 6, 2018 | M | 39,000 | D | — | Aug 9, 2016 | Common Stock | 39,000 | 176,280 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- F2Includes 13,323 Restricted Stock Units.
- F3The transaction was executed in multiple trades in prices ranging from $13.22 to $13.32, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide 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 his 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.
- F5Exercise price was previously incorrectly reported as $8.23 per share.
- F6Twenty percent (20%) of the stock options vest and become exercisable on each anniversary of July 18, 2016 until all such stock options have vested and become exercisable, subject to the Reporting Person's continued service relationship with the Issuer on each such vesting date.
Remarks
Senior Vice President, Operations