Meridith Webster - Feb 26, 2024 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
Feb 26, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 04:27 PM
Previous filing
Nov 2, 2023
Next filing
May 20, 2024

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) Award $0 +1.72K $0.00 1.72K Feb 26, 2024 Class A Common Stock 1.72K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. Upon payout, shares will be withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
F2 Not applicable.
F3 Assuming continued employment, these non-annual RSUs will vest and be paid out on February 26, 2027.