Roberto Canevari - 19 Apr 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Executive Vice President
Signature
Roberto Canevari, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
19 Apr 2024
Net transactions value
-$121,788
Form type
4
Filing time
22 Apr 2024, 14:17:54 UTC
Previous filing
02 Nov 2023
Next filing
29 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +1,996 +54% 5,697 19 Apr 2024 Direct F1, F2
transaction EL Class A Common Stock Tax liability $121,788 -843 -15% $144.47 4,854 19 Apr 2024 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 -1,079 -100% 0 19 Apr 2024 Class A Common Stock 1,079 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise -917 -100% 0 19 Apr 2024 Class A Common Stock 917 Direct F2, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payout of Restricted Stock Units ("RSUs") granted to Reporting Person on April 19, 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. Upon payout, shares are 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 from non-annual grant dated April 19, 2021.
F6 RSUs from annual grant dated April 19, 2021.