ROBERT R. MCMASTER - 04 Jan 2022 Form 4 Insider Report for Sally Beauty Holdings, Inc. (SBH)

Role: Director, Chairman of the Board
Signature: /s/ Cade Newman, Attorney-in-Fact
Issuer symbol: SBH
Transactions as of: 04 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 05 Jan 2022, 15:05:47 UTC
Previous filing: 05 Nov 2021
Next filing: 04 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBH	Common Stock	Options Exercise	$0	+20,092	+25%	$0.000000	99,282	04 Jan 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SBH	Restricted stock units	Options Exercise	$0	-20,092	-100%	$0.000000^*	0	04 Jan 2022	Common Stock	20,092		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On November 4, 2020, the reporting person was granted 20,092 restricted stock units ("RSUs") pursuant to the Sally Beauty Holdings, Inc. Amended and Restated Independent Director Compensation Policy. Such RSUs vested on November 15, 2021, and the reporting person elected to receive shares of common stock in settlement of the RSUs on the earlier of i) January 4, 2022, ii) the date such reporting person's service as a Director of the Issuer has terminated or iii) upon change in control of ownership of the Issuer.

Content

Restricted stock units convert into common stock on a one-for-one basis.

On November 4, 2020, the reporting person was granted 20,092 restricted stock units ("RSUs") pursuant to the Sally Beauty Holdings, Inc. Amended and Restated Independent Director Compensation Policy. Such RSUs vested on November 15, 2021, and the reporting person elected to receive shares of common stock in settlement of the RSUs on the earlier of i) January 4, 2022, ii) the date such reporting person's service as a Director of the Issuer has terminated or iii) upon change in control of ownership of the Issuer.