SARA E. MOSS - 01 Nov 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role: Vice Chairman
Signature: Sara E. Moss by Maureen Sladek, attorney-in-fact
Issuer symbol: EL
Transactions as of: 01 Nov 2021
Net transactions value: -$890,149
Form type: 4
Filing time: 02 Nov 2021, 17:47:06 UTC
Previous filing: 07 Sep 2021
Next filing: 08 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	Options Exercise	$0	+4,780		$0.000000	4,780	01 Nov 2021	Direct	F1, F2
transaction	EL	Class A Common Stock	Tax liability	$890,149	-2,745	-57%	$324.28	2,035	01 Nov 2021	Direct	F3
holding	EL	Class A Common Stock						45,402	01 Nov 2021	Through a revocable trust.
holding	EL	Class A Common Stock						14,655	01 Nov 2021	Through a grantor retained annuity trust.
holding	EL	Class A Common Stock						9,890	01 Nov 2021	Through a separate grantor retained annuity trust.

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	-2,123	-100%	$0.000000^*	0	01 Nov 2021	Class A Common Stock	2,123	$0.000000	Direct	F2, F4, F5
transaction	EL	Restricted Stock Units (Share Payout)	Options Exercise	$0	-1,555	-50%	$0.000000	1,555	01 Nov 2021	Class A Common Stock	1,555	$0.000000	Direct	F2, F4, F6
transaction	EL	Restricted Stock Units (Share Payout)	Options Exercise	$0	-1,102	-33%	$0.000000	2,204	01 Nov 2021	Class A Common Stock	1,102	$0.000000	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: 1,555 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: 1,102 on November 1, 2022; and 1,102 on November 1, 2023.