Fabrizio Freda - Jun 30, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
President and CEO, Director
Signature
Fabrizio Freda, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Jun 30, 2021
Transactions value $
-$41,006,457
Form type
4
Date filed
7/1/2021, 06:04 PM
Previous filing
Jun 2, 2021
Next filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +129K +170.84% 205K Jun 30, 2021 Direct F1
transaction EL Class A Common Stock Tax liability -$20.8M -65.8K -32.09% $316.93 139K Jun 30, 2021 Direct F2
transaction EL Class A Common Stock Sale -$10.5M -33.3K -23.92% $316.40 106K Jul 1, 2021 Direct F3, F4, F5
transaction EL Class A Common Stock Sale -$2.08M -6.57K -6.2% $317.21 99.3K Jul 1, 2021 Direct F3, F4, F6
transaction EL Class A Common Stock Sale -$4.86M -15.2K -15.35% $318.64 84.1K Jul 1, 2021 Direct F3, F4, F7
transaction EL Class A Common Stock Sale -$2.68M -8.4K -9.99% $319.65 75.7K Jul 1, 2021 Direct F3, F4, 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 Performance Share Units Options Exercise -129K -100% 0 Jun 30, 2021 Class A Common Stock 129K Direct F1, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable. Performance Share Units ("PSUs") are paid out in shares of Class A Common Stock on a one-to-one basis.
F2 Represents the withholding of shares for tax purposes.
F3 The sales of the shares of Class A Common Stock were made pursuant to a Rule 10b5-1(c) trading plan entered into on May 10, 2021.
F4 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 range.
F5 Sales prices range from $315.92 to $316.90 per share, inclusive.
F6 Sales prices range from $316.92 to $317.71 per share, inclusive.
F7 Sales prices range from $318.16 to $319.08 per share, inclusive.
F8 Sales prices range from $319.20 to $320.00 per share, inclusive.
F9 The performance condition of this first of three tranches of the PSU award granted on September 4, 2015 was certified as achieved on August 22, 2018.
F10 This tranche vested on June 30, 2021, subject to the terms and conditions of the award.