Form 4 for EL Estée Lauder Companies (The)
Accepted 2023-11-02 00:00:00 ET · period of report 2023-11-01 · accession 0001001250-23-000195 · 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 | 2023-11-02 | 2023-11-01 | EL | Freda Fabrizio | Pres, CEO, Dir | M - OptEx | $0.00 | +19.8K | 205.7K | +11% | $0 |
| D | 2023-11-02 | 2023-11-01 | EL | Freda Fabrizio | Pres, CEO, Dir | F - Tax | $106.14 | -11.0K | 194.8K | -5% | -$1.16M |
| DM | 2023-11-02 | 2023-11-01 | EL | Freda Fabrizio | Pres, CEO, Dir | M - OptEx | $0.00 | -19.8K | 14.1K | -58% | $0 |
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 | 2023-11-01 | M | A | 19,813 | $0.00 | 205,744 | D | — | — | (F1) Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 3, 2020; September 2, 2021; and September 6, 2022. (F2) Not applicable. |
| 2 | Common | Class A Common Stock | 2023-11-01 | F | D | 10,958 | $106.14 | 194,786 | D | — | — | (F3) Represents the withholding of shares for tax purposes. |
| 3 | Derivative | Restricted Stock Units (Share Payout) | 2023-11-01 | M | D | 4,788 | $0.00 | 4,788 | D | — · — to 2024-11-01 | 4,788 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 unless otherwise indicated. Upon payout, shares will be 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. (F2) Not applicable. (F6) RSUs from grant dated September 2, 2021. Assuming continued employment, these RSUs will vest and be paid out as follows: 4,788 on November 1, 2024. |
| 4 | Derivative | Restricted Stock Units (Share Payout) | 2023-11-01 | M | D | 7,972 | $0.00 | 0 | D | — · — to 2023-11-01 | 7,972 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 unless otherwise indicated. Upon payout, shares will be 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. (F2) Not applicable. (F5) RSUs from grant dated September 3, 2020. |
| 5 | Derivative | Restricted Stock Units (Share Payout) | 2023-11-01 | M | D | 7,053 | $0.00 | 14,106 | D | — · — to 2025-11-03 | 7,053 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 unless otherwise indicated. Upon payout, shares will be 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. (F2) Not applicable. (F7) RSUS from grant dated September 6, 2022. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,053 on November 1, 2024; and 7,053 on November 3, 2025. |