Fabrizio Freda - 01 Nov 2024 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
President and CEO, Director
Signature
Fabrizio Freda, by Spencer G. Smul, attorney-in-fact
Issuer symbol
EL
Transactions as of
01 Nov 2024
Transactions value $
-$743,259
Form type
4
Filing time
05 Nov 2024, 14:12:34 UTC
Previous filing
02 Oct 2024
Next filing
03 Jan 2025
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 +19,833 +6.91% 306,807 01 Nov 2024 Direct F1, F2
transaction EL Class A Common Stock Sale -$743,259 -10,969 -3.58% $67.76 295,838 01 Nov 2024 Direct F3

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 -4,788 -100% 0 01 Nov 2024 Class A Common Stock 4,788 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise -7,053 -50% 7,053 01 Nov 2024 Class A Common Stock 7,053 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise -7,992 -33.3% 15,986 01 Nov 2024 Class A Common Stock 7,992 Direct F2, F4, F7
* 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 2, 2021; September 6, 2022; and August 28, 2023.
F2 Not applicable.
F3 Represents the withholding of shares for tax purposes.
F4 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.
F5 Annual RSUs granted September 2, 2021.
F6 Annual RSUs granted September 6, 2022. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,053 on November 3, 2025.
F7 Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 7,993 on November 3, 2025; and 7,993 on November 2, 2026.