Rashida la Lande - 27 Aug 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Executive VP & General Counsel
Signature
Rashida La Lande, by Spencer G. Smul, attorney-in-fact
Issuer symbol
EL
Transactions as of
27 Aug 2024
Net transactions value
$0
Form type
4
Filing time
29 Aug 2024, 13:15:52 UTC
Previous filing
19 Aug 2024
Next filing
28 Aug 2025
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 Restricted Stock Units (Share Payout) Award +10,768 10,768 27 Aug 2024 Class A Common Stock 10,768 Direct F1, F2, F3
transaction EL Restricted Stock Units (Share Payout) Award +43,071 43,071 27 Aug 2024 Class A Common Stock 43,071 Direct F1, F2, F4
transaction EL Stock Option (Right to Buy) Award +16,693 16,693 27 Aug 2024 Class A Common Stock 16,693 $92.87 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("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 unless otherwise indicated. Upon payout, shares are 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 Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 3,589 on November 3, 2025; 3,589 on November 2, 2026; and 3,590 on November 1, 2027.
F4 Non-annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 14,357 on August 27, 2025; 14,357 on August 27, 2026; and 14,357 on August 27, 2027.
F5 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 5,564 shares exercisable from and after November 3, 2025; 5,564 shares exercisable from and after November 2, 2026; and 5,565 shares exercisable from and after November 1, 2027.