EX-10.1
Ulta Beauty, Inc.
Exhibit 10.1
AMENDED AND RESTATED ULTA BEAUTY, INC.
2011INCENTIVEAWARD****PLAN OPTION AGREEMENT
The following evidences a grant of an option (the “Option”) to purchase shares of common stock of Ulta Beauty, Inc. (the “Company”) pursuant to the Amended and Restated Ulta Beauty, Inc. 2011 Incentive Award Plan (the “Plan”) to the following individual and upon the following terms:
| | |
| Holder: | Kecia L. Steelman |
| Grant Date: | March 31, 2026 |
| ExercisePricePer Share: | 522.71 |
| Total****Number of Shares Underlying Option: | 68,000 |
| Performance Period: | The period beginning on March 31, 2026 and continuing through the first to occur of (i) March 31, 2031, (ii) the occurrence of a Change in Control, or (iii) a Termination of Service due to death or Disability. |
| Type of Option: | Non-Qualified Stock Option |
Unless otherwise defined herein, capitalized terms shall have the same meanings as set forth in the Plan.
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