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Ulta Salon (ULTA) CEO, CFO Enter into Rule 10b5-1 Trading Plan

October 17, 2011 5:24 PM EDT
ULTA Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Dividend Yield: 1.1%
EPS Growth %: +49.0%
On October 13, 2011, Carl S. Rubin, a member of the board of directors of Ulta Salon, Cosmetics & Fragrance, Inc. (Nasdaq: ULTA) and its President and Chief Executive Officer, established a plan under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended.

On October 11, 2011, Gregg Bodnar, the Chief Financial Officer of the Company, also established a 10b5-1 Plan. Rule 10b5-1 enables security holders to adopt pre-arranged stock trading plans for the purchase or sale of predetermined amounts of securities on a non-discretionary basis when they do not possess material, non-public information. Each of Rubin and Bodnar will disclose the details of any actual sales under their respective 10b5-1 Plan through Form 4 and Form 144 filings with the Securities and Exchange Commission.


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