Carl P. Haney - Sep 6, 2022 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP Research Prod & Innovation
Signature
Carl P. Haney, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Sep 6, 2022
Transactions value $
-$1,040,493
Form type
4
Date filed
9/8/2022, 10:50 AM
Previous filing
Jun 6, 2022
Next filing
Sep 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Award $0 +4.2K +127.49% $0.00 7.5K Sep 6, 2022 Direct F1
transaction EL Class A Common Stock Tax liability -$427K -1.72K -22.95% $248.02 5.78K Sep 6, 2022 Direct F2
transaction EL Class A Common Stock Sale -$614K -2.48K -42.95% $247.34 3.3K Sep 7, 2022 Direct

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 Stock Option (Right to Buy) Award +11.4K 11.4K Sep 6, 2022 Class A Common Stock 11.4K $246.15 Direct F3, F4
transaction EL Restricted Stock Units (Share Payout) Award +3.74K 3.74K Sep 6, 2022 Class A Common Stock 3.74K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 3, 2019.
F2 Represents the withholding of shares for tax purposes in connection with the payout of the PSUs.
F3 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 3,797 shares exercisable from and after January 1, 2024; 3,797 shares exercisable from and after January 1, 2025; and 3,797 shares exercisable from and after January 1, 2026.
F4 Not applicable.
F5 Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 1,247 on November 1, 2023; 1,247 on November 1, 2024; and 1,248 on November 3, 2025. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. Upon payout, 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.