Mark Gregory Spinks - 16 Feb 2023 Form 4 Insider Report for Sally Beauty Holdings, Inc. (SBH)

Role
President - Beauty Systems Group
Signature
/s/ Cade Newman, Attorney-in-Fact
Issuer symbol
SBH
Transactions as of
16 Feb 2023
Net transactions value
-$286,839
Form type
4
Filing time
17 Feb 2023, 15:05:24 UTC
Previous filing
17 Nov 2022
Next filing
03 Nov 2023
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 $322,295 +35,456 +93% $9.09 73,769 16 Feb 2023 Direct
transaction SBH Common Stock Sale $609,134 -35,456 -48% $17.18 38,313 16 Feb 2023 Direct F1
holding SBH Common Stock 2,283 16 Feb 2023 By 401(k)

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 Employee Stock Option (right to buy) Options Exercise $0 -35,456 -67% $0.000000 17,728 16 Feb 2023 Common Stock 35,456 $9.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average sale price. The range of prices for these transactions was $17.08 to $17.32. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
F2 The options vest in three equal annual installments beginning on November 15, 2021.

Remarks:

President - Beauty Systems Group