Hockaday Irvine O Jr. - 18 May 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Director
Signature
Irvine O. Hockaday, Jr., by Maureen Sladek, Attorney-in-fact
Issuer symbol
EL
Transactions as of
18 May 2021
Net transactions value
+$38,248
Form type
4
Filing time
19 May 2021, 14:05:10 UTC
Next filing
08 Jun 2021
SEC
View on sec.gov

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 Stock Units (Cash Payout) Award $38,248 +129 +0.16% $296.20 79,627 18 May 2021 Class A Common Stock 129 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Stock Unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1).
F2 Represents grant of Stock Units in lieu of cash for quarterly presiding director, board, committee chair, and committee member retainers.
F3 The Stock Units (cash payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.