PAUL J. FRIBOURG - 17 Nov 2023 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Director
Signature
Paul J. Fribourg, by Maureen Sladek, Attorney-in-fact
Issuer symbol
EL
Transactions as of
17 Nov 2023
Net transactions value
$0
Form type
4
Filing time
20 Nov 2023, 17:21:30 UTC
Previous filing
18 Sep 2023
Next filing
04 Dec 2023
SEC
View on sec.gov

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 +2,326 $0.000000 2,326 17 Nov 2023 Class A Common Stock 2,326 $123.81 Direct F1
transaction EL Stock Units (Share Payout) Award $0 +612 +5.3% $0.000000 12,164 17 Nov 2023 Class A Common Stock 612 Direct F1, F2, F3
transaction EL Stock Units (Cash Payout) Award $0 +273 +0.77% $0.000000 35,870 17 Nov 2023 Class A Common Stock 273 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the Issuer's Amended and Restated Non-Employee Director Share Incentive Plan.
F2 Each stock unit (share payout) is convertible into one share of Class A Common Stock (i.e. 1:1).
F3 The stock units (share payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.
F4 Reflects grant of stock units in lieu of cash for quarterly board and committee retainers.
F5 Each Stock Unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1).
F6 The stock units (cash payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.