X0306 4 2013-09-18 0 0001403568 Ulta Salon, Cosmetics & Fragrance, Inc. ULTA 0001579014 Taake Janet 1000 REMINGTON BLVD., SUITE 120 BOLINGBROOK IL 60440 0 1 0 0 Sr. VP - Merchandising Common Stock 2013-09-18 4 M 0 10341 9.67 A 18232 D Common Stock 2013-09-18 4 S 0 10341 119.975 D 7891 D Common Stock 2013-09-18 4 M 0 10000 26.71 A 17891 D Common Stock 2013-09-18 4 S 0 10000 119.933 D 7891 D Stock Option (right to buy) 9.67 2013-09-18 4 M 0 10341 0.00 D 2012-12-09 2018-12-09 Common Stock 10341 0 D Stock Option (right to buy) 26.71 2013-09-18 4 M 0 10000 0.00 D 2020-09-08 Common Stock 10000 10000 D The price reported in Column 4 is a weighted average price. The actual sales prices for these transactions ranged from $119.88 to $120.15. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is a weighted average price. The actual sales prices for these transactions ranged from $119.88 to $120.13. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range. The options, representing a right to purchase a total of 80,000 shares, vested 25% on each anniversary date of the 12/09/2008 grant date. The options, representing a right to purchase a total of 40,000 shares, vest 25% on each anniversary date of the 09/08/2010 grant date. /s/ Robert S. Guttman, as attorney-in-fact for Janet Taake 2013-09-20