Tracey Thomas Travis - 02 Sep 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP & CFO
Signature
Tracey Thomas Travis, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
02 Sep 2021
Net transactions value
$0
Form type
4
Filing time
07 Sep 2021, 18:06:02 UTC
Previous filing
17 Aug 2021
Next filing
02 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Award $0 +13,591 +43% $0.000000 44,930 02 Sep 2021 Direct F1
transaction EL Class A Common Stock Tax liability $0 -7,221 -16% $0.000000 37,709 02 Sep 2021 Direct F2

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 Option (right to buy) Award +21,589 21,589 02 Sep 2021 Class A Common Stock 21,589 $344.06 Direct F3, F4
transaction EL Restricted Stock Units (Share Payout) Award +5,583 5,583 02 Sep 2021 Class A Common Stock 5,583 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 4, 2018.
F2 Represents the withholding of shares for tax purposes in connection with the payout of the PSUs.
F3 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 7,196 shares exercisable from and after January 1, 2023; 7,196 shares exercisable from and after January 1, 2024; and 7,197 shares exercisable from and after January 1, 2025.
F4 Not applicable.
F5 Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 1,861 on November 1, 2022; 1,861 on November 1, 2023; and 1,861 on November 1, 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.