Peter Jueptner - Nov 1, 2023 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Group President
Signature
Peter Jueptner, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Nov 1, 2023
Transactions value $
-$100,504
Form type
4
Date filed
11/2/2023, 04:09 PM
Previous filing
Aug 30, 2023
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise $0 +2.28K +54.41% $0.00 6.47K Nov 1, 2023 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$101K -947 -14.64% $106.14 5.52K Nov 1, 2023 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 $0 -672 -100% $0.00* 0 Nov 1, 2023 Class A Common Stock 672 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -405 -49.94% $0.00 406 Nov 1, 2023 Class A Common Stock 405 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise $0 -1.19K -33.33% $0.00 2.38K Nov 1, 2023 Class A Common Stock 1.19K Direct F2, F7, 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, 2020; September 2, 2021; and September 6, 2022. These shares include 11.9038 shares received for dividend equivalent rights.
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. Upon payout, shares will be withheld to cover statutory tax obligations. These RSUs, awarded to the Reporting Person prior to designation as a Section 16 Insider, are accompanied by dividend equivalent rights payable at the time of the payout of the related shares.
F5 RSUs from annual grant dated September 3, 2020.
F6 RSUs from annual grant dated September 2, 2021. Assuming continued employment, RSUs will vest and be paid out as follows: 406 on November 1, 2024.
F7 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. Upon payout, shares will be withheld to cover statutory tax obligations. These RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
F8 RSUs from annual grant dated September 6, 2022. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,191 on November 1, 2023; 1,191 on November 1, 2024; and 1,191 on November 3, 2025.