Stephane de la Faverie - Aug 27, 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Executive Group President
Signature
Stephane de la Faverie, by Spencer G. Smul, attorney-in-fact
Stock symbol
EL
Transactions as of
Aug 27, 2024
Transactions value $
$0
Form type
4
Date filed
8/29/2024, 05:04 PM
Previous filing
Nov 2, 2023
Next filing
Nov 5, 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 +15K 15K Aug 27, 2024 Class A Common Stock 15K Direct F1, F2, F3
transaction EL Stock Option (Right to Buy) Award +23.2K 23.2K Aug 27, 2024 Class A Common Stock 23.2K $92.87 Direct F2, F4
* 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 RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 4,997 on November 3, 2025; 4,998 on November 2, 2026; and 4,998 on November 1, 2027.
F4 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 7,748 shares exercisable from and after November 3, 2025; 7,749 shares exercisable from and after November 2, 2026; and 7,749 shares exercisable from and after November 1, 2027.