CHILDS JEFFREY J 4
4 · Ulta Beauty, Inc. · Filed Mar 29, 2021
Insider Transaction Report
Form 4
CHILDS JEFFREY J
Chief Human Resources Officer
Transactions
- Award
Common Stock
2021-03-25+388→ 6,226 total - Award
Common Stock
2021-03-25+292→ 5,838 total - Award
Stock Option (right to buy)
2021-03-25+1,671→ 1,671 totalExercise: $306.59Exp: 2031-03-25→ Common Stock (1,671 underlying)
Footnotes (3)
- [F1]Represents 292 performance-based restricted share units, which were awarded on March 29, 2019 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, 2022, subject to continued employment. The Company's compensation committee certified on March 25, 2021 that the performance vesting goals were satisfied.
- [F2]Represents grant of 388 shares of restricted stock, vesting 100% on March 15, 2024.
- [F3]The options, representing an initial right to purchase a total of 1,671 shares, vesting in 25% annual increments beginning March 15, 2022 and each anniversary thereafter through March 15, 2025.