PETER JUEPTNER - 01 Nov 2022 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Group President
Signature
Peter Jueptner, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
01 Nov 2022
Net transactions value
-$385,926
Form type
4
Filing time
02 Nov 2022, 16:17:36 UTC
Previous filing
08 Sep 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +4,310 +320% 5,659 01 Nov 2022 Direct F1, F2
transaction EL Class A Common Stock Tax liability $385,926 -1,867 -33% $206.66 3,792 01 Nov 2022 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 -646 -100% 0 01 Nov 2022 Class A Common Stock 646 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise -2,507 -100% 0 01 Nov 2022 Class A Common Stock 2,507 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise -672 -50% 672 01 Nov 2022 Class A Common Stock 672 Direct F2, F4, F7
transaction EL Restricted Stock Units (Share Payout) Options Exercise -405 -33% 811 01 Nov 2022 Class A Common Stock 405 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 September 3, 2019; September 3, 2020; and September 2, 2021.
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. These RSUs, awarded to the Reporting Person prior to designation as a Section 16 Insider, are accompanied by dividend rights that are payable at the time of the payout of the related shares.
F5 RSUs from annual grant dated September 3, 2019.
F6 RSUs from non-annual grant dated September 3, 2019 vested fully in a single installment.
F7 RSUs from annual grant dated September 3, 2020. Assuming continued employment, RSUs will vest and be paid out as follows: 672 on November 1, 2023.
F8 RSUs from annual grant dated September 2, 2021. Assuming continued employment, RSUs will vest and be paid out as follows: 405 on November 1, 2023; and 406 on November 1, 2024.