Lynn Forester - 27 Feb 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Director
Signature
Lynn Forester de Rothschild, by Maureen Sladek, Attorney-in-fact
Issuer symbol
EL
Transactions as of
27 Feb 2024
Net transactions value
+$26,999
Form type
4
Filing time
28 Feb 2024, 13:36:03 UTC
Previous filing
18 Dec 2023
Next filing
18 Mar 2024
SEC
View on sec.gov

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 Stock Units (Cash Payout) Award $26,999 +182 +0.25% $148.51 73,269 27 Feb 2024 Class A Common Stock 182 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Stock Unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1).
F2 Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.
F3 The stock units (cash payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.