Tracey Thomas Travis - 27 Aug 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

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		+22,554			22,554	27 Aug 2024	Class A Common Stock	22,554		Direct	F1, F2, F3
transaction	EL	Stock Option (Right to Buy)	Award		+34,966			34,966	27 Aug 2024	Class A Common Stock	34,966	$92.87	Direct	F2, F4

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

Id	Content
F1	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 are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
F2	Not applicable.
F3	RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,518 on November 3, 2025; 7,518 on November 2, 2026; and 7,518 on November 1, 2027.
F4	Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 11,655 shares exercisable from and after November 3, 2025; 11,655 shares exercisable from and after November 2, 2026; and 11,656 shares exercisable from and after November 1, 2027.