Zinterhofer Aerin Lauder Trust U/A/D 4/24/00 - Jun 7, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
10%+ Owner
Signature
Richard D. Parsons, Trustee, ALZ 2000 Trust, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Jun 7, 2021
Transactions value $
-$51,248,554
Form type
4
Date filed
6/9/2021, 04:54 PM
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Conversion of derivative security +675K 675K Jun 7, 2021 Direct F1, F2
transaction EL Class A Common Stock Sale -$19.3M -64K -9.48% $300.72 611K Jun 8, 2021 Direct F2, F3, F4
transaction EL Class A Common Stock Sale -$24.1M -80.1K -13.11% $301.51 531K Jun 8, 2021 Direct F1, F2, F3, F5
transaction EL Class A Common Stock Sale -$3.43M -11.3K -2.14% $302.52 520K Jun 8, 2021 Direct F1, F2, F3, F6
transaction EL Class A Common Stock Sale -$4.42M -14.5K -2.8% $303.64 505K Jun 8, 2021 Direct F1, F2, F3, F7
holding EL Class A Common Stock 1.69K Jun 7, 2021 Direct F8

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 Class B Common Stock Conversion of derivative security $0 +675K +9.6% $0.00 7.71M Jun 7, 2021 Class A Common Stock 675K $0.00 Direct F1, F2
holding EL Class B Common Stock 1.68M Jun 7, 2021 Class A Common Stock 1.68M Direct F1, F8
holding EL Class B Common Stock 4.91M Jun 7, 2021 Class A Common Stock 4.91M Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B Common Stock may be converted immediately into Class A Common Stock on a one-for-one basis by the holder and are automatically converted into Class A Common Stock on a one-for-one basis upon transfer to a person or entity that is not a "Permitted Transferee" or soon after a record date for a meeting of stockholders where the outstanding Class B Common Stock constitutes less than 10% of the outstanding shares of Common Stock of the Issuer.
F2 Owned by the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000 (the "ALZ 2000 Trust") directly; owned indirectly by Aerin Lauder as Grantor and beneficial owner of the ALZ 2000 Trust.
F3 The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
F4 Sales prices range from $300.00 to $300.99 per share, inclusive.
F5 Sales prices range from $301.00 to $301.95 per share, inclusive.
F6 Sales prices range from $302.00 to $302.91 per share, inclusive.
F7 Sales prices range from $303.18 to $304.13 per share, inclusive.
F8 Owned directly by Aerin Lauder.
F9 Owned directly by the Trust under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement u/a/d December 24, 2008 (the "2008 Descendants Trust"). Owned indirectly by Aerin Lauder Zinterhofer and Jane Lauder as trustees of the 2008 Descendants Trust. Aerin Lauder Zinterhofer disclaims beneficial ownership to the extent that she does not have a pecuniary interest in such securities. Jane Lauder disclaims beneficial ownership to the extent that she does not have a pecuniary interest in such securities.

Remarks:

* The full name of the Reporting Person is the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000.