Deirdre Stanley - Feb 27, 2023 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: Feb 27, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/28/2023, 03:33 PM
Previous filing: Jan 4, 2023
Next filing: Apr 4, 2023

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	Restricted Stock Units (Share Payout)	Award	$0	+6.2K		$0.00	6.2K	Feb 27, 2023	Class A Common Stock	6.2K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Not applicable.
F2	Assuming continued employment, these non-annual Restricted Stock Units ("RSUs") will vest and be paid out on February 27, 2026. 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 the payout of the related shares.

Content

Not applicable.

Assuming continued employment, these non-annual Restricted Stock Units ("RSUs") will vest and be paid out on February 27, 2026. 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 the payout of the related shares.