Deirdre Stanley - Sep 2, 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
EVP & General Counsel
Signature
Deirdre Stanley, by Maureen Sladek, attorney-in-fact
Stock symbol
EL
Transactions as of
Sep 2, 2021
Transactions value $
$0
Form type
4
Date filed
9/7/2021, 06:06 PM
Previous filing
Jul 1, 2021
Next filing
Oct 1, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EL Option (right to buy) Award +6.78K 6.78K Sep 2, 2021 Class A Common Stock 6.78K $344.06 Direct F1, F2
transaction EL Restricted Stock Units (Share Payout) Award +1.75K 1.75K Sep 2, 2021 Class A Common Stock 1.75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 2,260 shares exercisable from and after January 1, 2023; 2,261 shares exercisable from and after January 1, 2024; and 2,261 shares exercisable from and after January 1, 2025.
F2 Not applicable.
F3 Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 584 on November 1, 2022; 584 on November 1, 2023; and 585 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.