Fabrizio Freda - Jun 30, 2023 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
President and CEO, Director
Signature
Fabrizio Freda, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Jun 30, 2023
Transactions value $
-$12,810,096
Form type
4
Date filed
7/5/2023, 10:57 AM
Previous filing
Apr 4, 2023
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise $0 +129K +108.7% $0.00 248K Jun 30, 2023 Direct F1
transaction EL Class A Common Stock Tax liability -$12.8M -65.8K -26.5% $194.78 182K Jun 30, 2023 Direct F2

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 Performance Share Units Options Exercise -129K -100% 0 Jun 30, 2023 Class A Common Stock 129K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable. Performance Share Units ("PSUs") are paid out in shares of Class A Common Stock on a one-to-one basis.
F2 Represents the withholding of shares for tax purposes.
F3 The performance condition of this third of three tranches of the PSU award granted on September 4, 2015 was certified as achieved on August 25, 2020.
F4 This tranche was paid out on June 30, 2023.