Meridith Webster - May 17, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Signature
Meridith Webster, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
May 17, 2021
Transactions value $
$0
Form type
4
Date filed
5/18/2021, 01:32 PM
Next filing
Sep 7, 2021

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 EL Restricted Stock Units (Share Payout) Award +2.36K 2.36K May 17, 2021 Class A Common Stock 2.36K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 Assuming continued employment, these non-annual RSUs will vest and be paid out as follows: 786 on May 17, 2022; 787 on May 17, 2023; and 787 on May 17, 2024. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. Upon payout, shares will be withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights that will be payable in cash at the time of payout of the related shares.