Cedric Prouve - 01 Nov 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Nov 2021, 17:47:51 UTC
Prior SEC filing
07 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Cedric Prouve, by Maureen Sladek, attorney-in fact

Key filing fact

Cedric Prouve filed Form 4 for ESTEE LAUDER COMPANIES INC (EL) on 02 Nov 2021.

Key facts

  • This page summarizes Cedric Prouve's Form 4 filing for ESTEE LAUDER COMPANIES INC (EL).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 02 Nov 2021, 17:47.

Change

  • Previous filing in this sequence was filed on 07 Sep 2021.
  • Current net transaction value: -$1,680,419.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EL transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+9,750
Change %
+5.5%
Price
$0.000000
Shares after
186,470
Date
01 Nov 2021
Ownership
Direct
Footnotes
F1, F2
EL transaction

Class A Common Stock

Tax liability

Transaction value
$1,680,419
Shares
-5,182
Change %
-2.8%
Price
$324.28
Shares after
181,288
Date
01 Nov 2021
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EL transaction Derivative

Restricted Stock Units (Share Payout)

Options Exercise

Transaction value
$0
Shares
-3,915
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,915
Exercise price
$0.000000
Footnotes
F2, F4, F5
EL transaction Derivative

Restricted Stock Units (Share Payout)

Options Exercise

Transaction value
$0
Shares
-2,932
Change %
-50%
Price
$0.000000
Shares after
2,932
Date
01 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,932
Exercise price
$0.000000
Footnotes
F2, F4, F6
EL transaction Derivative

Restricted Stock Units (Share Payout)

Options Exercise

Transaction value
$0
Shares
-2,903
Change %
-33%
Price
$0.000000
Shares after
5,808
Date
01 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,903
Exercise price
$0.000000
Footnotes
F2, F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 4, 2018, September 3, 2019, and September 3, 2020.

Footnote F2

Not applicable.

Footnote F3

Represents the withholding of shares for tax purposes.

Footnote 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, additional shares will be withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights that will be payable in cash at the time of payout of the related shares.

Footnote F5

RSUs from grant dated September 4, 2018.

Footnote F6

RSUs from grant dated September 3, 2019. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,932 on November 1, 2022.

Footnote F7

RSUs from grant dated September 3, 2020. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,904 on November 1, 2022; and 2,904 on November 1, 2023.

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