Form 4 for EL Estée Lauder Companies (The)
Accepted 2021-09-07 00:00:00 ET · period of report 2021-09-02 · accession 0001001250-21-000141 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-07 | 2021-09-02 | EL | Freda Fabrizio | Pres, CEO, Dir | F - Tax | $0.00 | -20.1K | 90.6K | -18% | $0 |
| DM | 2021-09-07 | 2021-09-03 | EL | Freda Fabrizio | Pres, CEO, Dir | S - Sale | $342.59 | -15.0K | 76.2K | -16% | -$5.13M |
| D | 2021-09-07 | 2021-09-02 | EL | Freda Fabrizio | Pres, CEO, Dir | A - Grant | $0.00 | +35.1K | 110.8K | +46% | $0 |
| DM | 2021-09-07 | 2021-09-02 | EL | Freda Fabrizio | Pres, CEO, Dir | A - Grant | — | +69.9K | 55.5K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-09-02 | F | D | 20,143 | $0.00 | 90,635 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-09-03 | S | D | 7,503 | $342.24 | 83,132 | D | — | — | (F4) The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. (F5) Sales prices range from $341.52 to $342.50 per share, inclusive. |
| 3 | Common | Class A Common Stock | 2021-09-02 | A | A | 35,104 | $0.00 | 110,778 | D | — | — | (F1) Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 4, 2018. |
| 4 | Common | Class A Common Stock | 2021-09-03 | S | D | 500 | $343.91 | 75,674 | D | — | — | (F4) The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. (F7) Sales prices range from $343.68 to $344.39 per share, inclusive. |
| 5 | Common | Class A Common Stock | 2021-09-03 | S | D | 6,958 | $342.88 | 76,174 | D | — | — | (F4) The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. (F6) Sales prices range from $342.51 to $343.32 per share, inclusive. |
| 6 | Derivative | Restricted Stock Units (Share Payout) | 2021-09-02 | A | A | 14,363 | — | 14,363 | D | — · — to — | 14,363 Class A Common Stock | (F10) Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 4,787 on November 1, 2022; 4,788 on November 1, 2023; and 4,788 on November 1, 2024. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. Upon payout, 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. (F9) Not applicable. |
| 7 | Derivative | Option (right to buy) | 2021-09-02 | A | A | 55,542 | — | 55,542 | D | $344.06 · — to 2031-09-02 | 55,542 Class A Common Stock | (F8) Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 18,514 shares exercisable from and after January 1, 2023; 18,514 shares exercisable from and after January 1, 2024; and 18,514 shares exercisable from and after January 1, 2025. (F9) Not applicable. |