Carl P. Haney - Nov 1, 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP Research Prod & Innovation
Signature
Carl P. Haney, by Spencer G. Smul, attorney-in-fact
Stock symbol
EL
Transactions as of
Nov 1, 2024
Transactions value $
-$228,690
Form type
4
Date filed
11/5/2024, 02:04 PM
Previous filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +8.18K +116.19% 15.2K Nov 1, 2024 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$229K -3.38K -22.17% $67.76 11.8K Nov 1, 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 -836 -100% 0 Nov 1, 2024 Class A Common Stock 836 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise -4.36K -100% 0 Nov 1, 2024 Class A Common Stock 4.36K Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise -1.25K -49.98% 1.25K Nov 1, 2024 Class A Common Stock 1.25K Direct F2, F4, F7
transaction EL Restricted Stock Units (Share Payout) Options Exercise -1.74K -33.33% 3.48K Nov 1, 2024 Class A Common Stock 1.74K Direct F2, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 2, 2021; September 6, 2022; and August 28, 2023.
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 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.
F5 Annual RSUs granted September 2, 2021.
F6 Non-annual RSUs granted September 2, 2021.
F7 Annual RSUs granted September 6, 2022. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,248 on November 3, 2025.
F8 Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,738 on November 3, 2025; and 1,738 on November 2, 2026.