Form 4 for EL Estée Lauder Companies (The)

Accepted 2022-09-08 00:00:00 ET · period of report 2022-09-06 · accession 0001001250-22-000135 · 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	2022-09-08	2022-09-06	EL	Hertzmark Hudis Jane	Executive Group Pres	A - Grant	$0.00	+7,182	31.7K	+29%	$0
D	2022-09-08	2022-09-06	EL	Hertzmark Hudis Jane	Executive Group Pres	F - Tax	$248.02	-3,379	28.3K	-11%	-$838.1K
DM	2022-09-08	2022-09-06	EL	Hertzmark Hudis Jane	Executive Group Pres	A - Grant	—	+25.0K	6,172	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-09-06	A	A	7,182	$0.00	31,667	D	—	—
2	Common	Class A Common Stock	2022-09-06	F	D	3,379	$248.02	28,288	D	—	—
3	Derivative	Stock Option (Right to Buy)	2022-09-06	A	A	18,789	—	18,789	D	$246.15 · — to 2032-09-06	18,789 Class A Common Stock	(F3) Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 6,263 shares exercisable from and after January 1, 2024; 6,263 shares exercisable from and after January 1, 2025; and 6,263 shares exercisable from and after January 1, 2026. (F4) Not applicable.
4	Derivative	Restricted Stock Units (Share Payout)	2022-09-06	A	A	6,172	—	6,172	D	— · — to —	6,172 Class A Common Stock	(F4) Not applicable. (F5) Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 2,057 on November 1, 2023; 2,057 on November 1, 2024; and 2,058 on November 3, 2025. 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.