Form 4 for EL Estée Lauder Companies (The)
Accepted 2023-04-20 00:00:00 ET · period of report 2023-04-19 · accession 0001001250-23-000048 · 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 | 2023-04-20 | 2023-04-19 | EL | Canevari Roberto | EVP | M - OptEx | — | +1,995 | 3,301 | +153% | — |
| D | 2023-04-20 | 2023-04-19 | EL | Canevari Roberto | EVP | F - Tax | $254.82 | -882 | 2,419 | -27% | -$224.8K |
| DM | 2023-04-20 | 2023-04-19 | EL | Canevari Roberto | EVP | M - OptEx | — | -1,995 | 917 | -69% | — |
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 | 2023-04-19 | M | A | 1,995 | — | 3,301 | D | — | — | (F1) Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted April 19, 2021. (F2) Not applicable. |
| 2 | Common | Class A Common Stock | 2023-04-19 | F | D | 882 | $254.82 | 2,419 | D | — | — | (F3) Represents the withholding of shares for tax purposes. |
| 3 | Derivative | Restricted Stock Units (Share Payout) | 2023-04-19 | M | D | 1,078 | — | 1,079 | D | — · — to — | 1,078 Class A Common Stock | (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, 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 the payout of the related shares. (F2) Not applicable. (F5) RSUs from grant dated April 19, 2021. Assuming continued employment, these non-annual RSUs will vest and be paid out as follows: 1,079 on April 19, 2024. |
| 4 | Derivative | Restricted Stock Units (Share Payout) | 2023-04-19 | M | D | 917 | — | 917 | D | — · — to — | 917 Class A Common Stock | (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, 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 the payout of the related shares. (F2) Not applicable. (F6) RSUs from grant dated April 19, 2021. Assuming continued employment, these annual RSUs will vest and be paid out as follows: 917 on April 19, 2024. |