Fabrizio Freda - 01 Nov 2021 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role: President and CEO, Director
Signature: Fabrizio Freda, by Maureen Sladek, attorney-in-fact
Issuer symbol: EL
Transactions as of: 01 Nov 2021
Net transactions value: -$7,862,814
Form type: 4
Filing time: 02 Nov 2021, 17:45:22 UTC
Previous filing: 04 Oct 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EL	Class A Common Stock	Options Exercise	$0	+24,480	+32%	$0.000000	100,154	01 Nov 2021	Direct	F1, F2
transaction	EL	Class A Common Stock	Tax liability	$4,555,485	-14,048	-14%	$324.28	86,106	01 Nov 2021	Direct	F3
transaction	EL	Class A Common Stock	Sale	$883,036	-2,800	-3.3%	$315.37	83,306	02 Nov 2021	Direct	F4, F5, F6
transaction	EL	Class A Common Stock	Sale	$1,359,430	-4,299	-5.2%	$316.22	79,007	02 Nov 2021	Direct	F4, F5, F7
transaction	EL	Class A Common Stock	Sale	$190,464	-600	-0.76%	$317.44	78,407	02 Nov 2021	Direct	F4, F5, F8
transaction	EL	Class A Common Stock	Sale	$223,314	-700	-0.89%	$319.02	77,707	02 Nov 2021	Direct	F4, F5, F9
transaction	EL	Class A Common Stock	Sale	$522,544	-1,633	-2.1%	$319.99	76,074	02 Nov 2021	Direct	F4, F5, F10
transaction	EL	Class A Common Stock	Sale	$96,366	-300	-0.39%	$321.22	75,774	02 Nov 2021	Direct	F4, F5, F11
transaction	EL	Class A Common Stock	Sale	$32,175	-100	-0.13%	$321.75	75,674	02 Nov 2021	Direct	F4

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)	Options Exercise	$0	-9,199	-100%	$0.000000^*	0	01 Nov 2021	Class A Common Stock	9,199	$0.000000	Direct	F2, F12, F13
transaction	EL	Restricted Stock Units (Share Payout)	Options Exercise	$0	-7,310	-50%	$0.000000	7,311	01 Nov 2021	Class A Common Stock	7,310	$0.000000	Direct	F2, F12, F14
transaction	EL	Restricted Stock Units (Share Payout)	Options Exercise	$0	-7,971	-33%	$0.000000	15,943	01 Nov 2021	Class A Common Stock	7,971	$0.000000	Direct	F2, F12, F15

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

Explanation of Responses:

Id	Content
F1	Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 4, 2018; September 3, 2019, and September 3, 2020.
F2	Not applicable.
F3	Represents the withholding of shares for tax purposes.
F4	The sales of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c) entered into on May 10, 2021.
F5	The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
F6	Sales prices range from $314.80 to $315.78 per share, inclusive.
F7	Sales prices range from $315.86 to $316.84 per share, inclusive.
F8	Sales prices range from $317.13 to $317.87 per share, inclusive.
F9	Sales prices range from $318.51 to $319.43 per share, inclusive.
F10	Sales prices range from $319.73 to $320.14 per share, inclusive.
F11	Sales prices range from $320.98 to $321.70 per share, inclusive.
F12	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, additional 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.
F13	RSUs from grant dated September 4, 2018.
F14	RSUs from grant dated September 3, 2019. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,311 on November 1, 2022.
F15	RSUs from grant dated September 3, 2020. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,971 on November 1, 2022; and 7,972 on November 1, 2023.