Carl P. Haney - Nov 1, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP-Global R&D
Signature
Carl P. Haney, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Nov 1, 2021
Transactions value $
-$745,520
Form type
4
Date filed
11/2/2021, 05:45 PM
Previous filing
Sep 7, 2021
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise $0 +4K +43.94% $0.00 13.1K Nov 1, 2021 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$746K -2.3K -17.53% $324.28 10.8K Nov 1, 2021 Direct F3

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 -1.53K -100% $0.00* 0 Nov 1, 2021 Class A Common Stock 1.53K $0.00 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -1.17K -50% $0.00 1.17K Nov 1, 2021 Class A Common Stock 1.17K $0.00 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -1.3K -33.3% $0.00 2.6K Nov 1, 2021 Class A Common Stock 1.3K $0.00 Direct F2, F4, F7
* 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 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.
F5 RSUs from grant dated September 4, 2018.
F6 RSUs from grant dated September 3, 2019. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,173 on November 1, 2022.
F7 RSUs from grant dated September 3, 2020. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,299 on November 1, 2022; and 1,299 on November 1, 2023.