Fabrizio Freda - 30 Jun 2022 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Signature
Fabrizio Freda, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
30 Jun 2022
Transactions value $
-$17,303,623
Form type
4
Filing time
01 Jul 2022, 11:12:09 UTC
Previous filing
04 Apr 2022
Next filing
23 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +129,283 +171% 204,957 30 Jun 2022 Direct F1
transaction EL Class A Common Stock Tax liability -$17,303,623 -68,456 -33% $252.77 136,501 30 Jun 2022 Direct F2

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 Performance Share Units Options Exercise -129,283 -100% 0 30 Jun 2022 Class A Common Stock 129,283 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable. Performance Share Units ("PSUs") are paid out in shares of Class A Common Stock on a one-to-one basis.
F2 Represents the withholding of shares for tax purposes.
F3 The performance condition of this second of three tranches of the PSU award granted on September 4, 2015 was certified as achieved on August 21, 2019.
F4 This tranche vested on June 30, 2022, subject to the terms and conditions of the award.