Sara E. Moss - Sep 6, 2022 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Vice Chairman
Signature
Sara E. Moss by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Sep 6, 2022
Transactions value $
-$615,090
Form type
4
Date filed
9/8/2022, 05:13 PM
Previous filing
Jun 1, 2022
Next filing
Nov 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Award $0 +5.57K $0.00 5.57K Sep 6, 2022 Direct F1
transaction EL Class A Common Stock Tax liability -$615K -2.48K -44.53% $248.02* 3.09K Sep 6, 2022 Direct F2
holding EL Class A Common Stock 17K Sep 6, 2022 Through a grantor retained annuity trust established in February 2022.
holding EL Class A Common Stock 19.9K Sep 6, 2022 Through a revocable trust.
holding EL Class A Common Stock 21.5K Sep 6, 2022 Through a grantor retained annuity trust established in May 2022.

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 +12.3K 12.3K Sep 6, 2022 Class A Common Stock 12.3K $246.15 Direct F3, F4
transaction EL Restricted Stock Units (Share Payout) Award +4.06K 4.06K Sep 6, 2022 Class A Common Stock 4.06K 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: 4,116 shares exercisable from and after January 1, 2024; 4,116 shares exercisable from and after January 1, 2025; and 4,116 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: 1,352 on November 1, 2023; 1,353 on November 1, 2024; and 1,353 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.