Peter Jueptner - 28 Aug 2023 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Group President
Signature
Peter Jueptner, by Maureen Sladek, attorney-in-fact
Issuer symbol
EL
Transactions as of
28 Aug 2023
Transactions value $
-$40,394
Form type
4
Filing time
30 Aug 2023, 15:58:42 UTC
Previous filing
28 Feb 2023
Next filing
02 Nov 2023
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 Award $0 +657 +17.33% $0.00 4.45K 28 Aug 2023 Direct F1
transaction EL Class A Common Stock Tax liability -$40.4K -259 -5.82% $155.96 4.19K 28 Aug 2023 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 Stock Option (Right to Buy) Award $0 +20K $0.00 20K 28 Aug 2023 Class A Common Stock 20K $156.39 Direct F3, F4
transaction EL Restricted Stock Units (Share Payout) Award $0 +6.91K $0.00 6.91K 28 Aug 2023 Class A Common Stock 6.91K $0.00 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 3, 2020.
F2 Represents the withholding of shares for tax purposes.
F3 Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 6,665 shares exercisable from and after January 1, 2025; 6,665 shares exercisable from and after January 1, 2026; and 6,666 shares exercisable from and after January 1, 2027.
F4 Not applicable.
F5 Restricted Stock Units ("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 that will be payable in cash at the time of the payout of the related shares.
F6 RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,302 on November 1, 2024; 2,302 on November 3, 2025; and 2,302 on November 2, 2026.