Fabrizio Freda - Nov 1, 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
Nov 1, 2021
Transactions value $
-$7,862,814
Form type
4
Date filed
11/2/2021, 05:45 PM
Previous filing
Oct 4, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise $0 +24.5K +32.35% $0.00 100K Nov 1, 2021 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$4.56M -14K -14.03% $324.28 86.1K Nov 1, 2021 Direct F3
transaction EL Class A Common Stock Sale -$883K -2.8K -3.25% $315.37 83.3K Nov 2, 2021 Direct F4, F5, F6
transaction EL Class A Common Stock Sale -$1.36M -4.3K -5.16% $316.22 79K Nov 2, 2021 Direct F4, F5, F7
transaction EL Class A Common Stock Sale -$190K -600 -0.76% $317.44 78.4K Nov 2, 2021 Direct F4, F5, F8
transaction EL Class A Common Stock Sale -$223K -700 -0.89% $319.02 77.7K Nov 2, 2021 Direct F4, F5, F9
transaction EL Class A Common Stock Sale -$523K -1.63K -2.1% $319.99 76.1K Nov 2, 2021 Direct F4, F5, F10
transaction EL Class A Common Stock Sale -$96.4K -300 -0.39% $321.22 75.8K Nov 2, 2021 Direct F4, F5, F11
transaction EL Class A Common Stock Sale -$32.2K -100 -0.13% $321.75 75.7K Nov 2, 2021 Direct F4

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) Options Exercise $0 -9.2K -100% $0.00* 0 Nov 1, 2021 Class A Common Stock 9.2K $0.00 Direct F2, F12, F13
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -7.31K -50% $0.00 7.31K Nov 1, 2021 Class A Common Stock 7.31K $0.00 Direct F2, F12, F14
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -7.97K -33.33% $0.00 15.9K Nov 1, 2021 Class A Common Stock 7.97K $0.00 Direct F2, F12, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 4, 2018; September 3, 2019, and September 3, 2020.
F2 Not applicable.
F3 Represents the withholding of shares for tax purposes.
F4 The sales of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c) entered into on May 10, 2021.
F5 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.
F6 Sales prices range from $314.80 to $315.78 per share, inclusive.
F7 Sales prices range from $315.86 to $316.84 per share, inclusive.
F8 Sales prices range from $317.13 to $317.87 per share, inclusive.
F9 Sales prices range from $318.51 to $319.43 per share, inclusive.
F10 Sales prices range from $319.73 to $320.14 per share, inclusive.
F11 Sales prices range from $320.98 to $321.70 per share, inclusive.
F12 RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments. Upon payout, additional 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.
F13 RSUs from grant dated September 4, 2018.
F14 RSUs from grant dated September 3, 2019. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,311 on November 1, 2022.
F15 RSUs from grant dated September 3, 2020. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,971 on November 1, 2022; and 7,972 on November 1, 2023.