Deirdre Stanley - Nov 1, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP & General Counsel
Signature
Deirdre Stanley, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Nov 1, 2021
Transactions value $
-$1,897,362
Form type
4
Date filed
11/2/2021, 05:48 PM
Previous filing
Oct 1, 2021
Next filing
Jan 3, 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 +10.2K +396.04% $0.00 12.8K Nov 1, 2021 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$1.9M -5.85K -45.83% $324.28 6.92K 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 -1.02K -50% $0.00 1.02K Nov 1, 2021 Class A Common Stock 1.02K $0.00 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -4.49K -49.99% $0.00 4.49K Nov 1, 2021 Class A Common Stock 4.49K $0.00 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -869 -33.33% $0.00 1.74K Nov 1, 2021 Class A Common Stock 869 $0.00 Direct F2, F4, F7
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -3.82K -33.33% $0.00 7.64K Nov 1, 2021 Class A Common Stock 3.82K $0.00 Direct F2, F4, F8
* 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 October 28, 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 unless otherwise indicated. 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 October 28, 2019. Assuming continued employment, these annual RSUs will vest and be paid out as follows: 1,017 on November 1, 2022.
F6 RSUs from grant dated October 28, 2019. Assuming continued employment, these additional, non-annual RSUs will vest and be paid out as follows: 4,488 on November 1, 2022.
F7 RSUs from grant dated September 3, 2020. Assuming continued employment, these annual RSUs will vest and be paid out as follows: 869 on November 1, 2022; and 869 on November 1, 2023.
F8 RSUs from grant dated September 3, 2020. Assuming continued employment, these additional, non-annual RSUs will vest and be paid out as follows: 3,822 on November 1, 2022; and 3,822 on November 1, 2023.