Paul J. Fribourg - Nov 12, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Director
Signature
Paul J. Fribourg, by Maureen Sladek, Attorney-in-fact
Stock symbol
EL
Transactions as of
Nov 12, 2021
Transactions value $
$33,750
Form type
4
Date filed
11/15/2021, 05:00 PM
Previous filing
Sep 16, 2021
Next filing
Dec 2, 2021

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 $0 +1.08K $0.00 1.08K Nov 12, 2021 Class A Common Stock 1.08K $346.72 Direct F1
transaction EL Stock Units (Share Payout) Award $0 +227 +2.11% $0.00 10.9K Nov 12, 2021 Class A Common Stock 227 Direct F1, F2, F3
transaction EL Stock Units (Cash Payout) Award $33.7K +97.3 +0.29% $346.72 33.8K Nov 12, 2021 Class A Common Stock 97.3 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the Issuer's Amended and Restated Non-Employee Director Share Incentive Plan.
F2 Each Stock Unit (share payout) is convertible into one share of Class A Common Stock (i.e. 1:1).
F3 The stock units (share payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.
F4 Reflects grant of stock units in lieu of cash for quarterly board, committee, and committee chair retainers.
F5 Each Stock Unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1).
F6 The stock units (cash payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.