SEC Form 4 · accession 0001567619-19-006718
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
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 5:37 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 | Mar 8, 2019 | M | 16,655 | $1.84 | A | 311,107 | D | |
| Common Stock, $0.01 par valueF3,F2 | Mar 8, 2019 | S | 16,655 | $7.8334 | D | 294,452 | D | |
| Common Stock, $0.01 par valueF4,F2 | Mar 11, 2019 | S | 35,822 | $8.0502 | D | 258,630 | 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)F5 | $1.84 | Mar 8, 2019 | M | 16,655 | D | — | Aug 12, 2025 | Common Stock | 16,655 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 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 $7.72 to $7.93, 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 transaction was executed in multiple trades in prices ranging from $7.88 to $8.16, 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.
- F5The 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.