Meridith Webster - Nov 1, 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
Stock symbol
EL
Transactions as of
Nov 1, 2022
Transactions value $
-$30,792
Form type
4
Date filed
11/2/2022, 04:20 PM
Previous filing
Sep 8, 2022
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +290 +57.77% 792 Nov 1, 2022 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$30.8K -149 -18.81% $206.66 643 Nov 1, 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 -290 -33.26% 582 Nov 1, 2022 Class A Common Stock 290 Direct F2, F4, F5
* 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 portion of Restricted Stock Units ("RSUs") granted 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, 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 the payout of the related shares.
F5 RSUs granted September 2, 2021. Assuming continued employment, these annual RSUs will vest and be paid out as follows: 291 on November 1, 2023; and 291 on November 1, 2024.