Tracey Thomas Travis - 01 Nov 2022 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP & CFO
Signature
Tracey Thomas Travis, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
01 Nov 2022
Net transactions value
-$1,862,833
Form type
4
Filing time
02 Nov 2022, 16:19:43 UTC
Previous filing
08 Sep 2022
Next filing
17 Nov 2022
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 +17,652 +37% 65,132 01 Nov 2022 Direct F1, F2
transaction EL Class A Common Stock Tax liability $1,862,833 -9,014 -14% $206.66 56,118 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 -2,741 -100% 0 01 Nov 2022 Class A Common Stock 2,741 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise -10,026 -100% 0 01 Nov 2022 Class A Common Stock 10,026 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise -3,024 -50% 3,024 01 Nov 2022 Class A Common Stock 3,024 Direct F2, F4, F7
transaction EL Restricted Stock Units (Share Payout) Options Exercise -1,861 -33% 3,722 01 Nov 2022 Class A Common Stock 1,861 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. Upon payout, additional 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.
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, these RSUs will vest and be paid out as follows: 3,024 on November 1, 2023.
F8 RSUs from annual grant dated September 2, 2021. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,861 on November 1, 2023; and 1,861 on November 1, 2024.