Meridith Webster - 06 Sep 2022 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP Global Comm/Public Affairs
Signature
Meridith Webster, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
06 Sep 2022
Net transactions value
$0
Form type
4
Filing time
08 Sep 2022, 17:14:06 UTC
Previous filing
18 May 2022
Next filing
02 Nov 2022
SEC
View on sec.gov

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 +4,490 4,490 06 Sep 2022 Class A Common Stock 4,490 $246.15 Direct F1, F2
transaction EL Restricted Stock Units (Share Payout) Award +1,474 1,474 06 Sep 2022 Class A Common Stock 1,474 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 1,496 shares exercisable from and after January 1, 2024; 1,497 shares exercisable from and after January 1, 2025; and 1,497 shares exercisable from and after January 1, 2026.
F2 Not applicable.
F3 Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 491 on November 1, 2023; 491 on November 1, 2024; and 492 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.