Jodi J. Caro - Mar 15, 2025 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Signature
/s/ Jodi J. Caro, as attorney-in-fact for Paula M. Oyibo
Stock symbol
ULTA
Transactions as of
Mar 15, 2025
Transactions value $
-$544,442
Form type
4
Date filed
3/18/2025, 06:52 PM
Previous filing
Jun 27, 2024
Next filing
Apr 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULTA Common Stock Award $0 +2.35K +34.61% $0.00 9.16K Mar 15, 2025 Direct F1
transaction ULTA Common Stock Tax liability -$373K -1.04K -11.39% $357.48 8.11K Mar 15, 2025 Direct F2
transaction ULTA Common Stock Tax liability -$172K -480 -5.92% $357.48 7.63K Mar 15, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,354 performance-based restricted share units, which were awarded on March 24, 2022 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, 2025, subject to continued employment. The Company's compensation committee certified on March 15, 2025 that the performance vesting goals were satisfied.
F2 Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of performance based restricted stock grants previously reported.
F3 Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock grants previously reported.