Stephane de la Faverie - Feb 24, 2025 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
President and CEO
Signature
Stephane de la Faverie, by Spencer G. Smul, attorney-in-fact
Stock symbol
EL
Transactions as of
Feb 24, 2025
Transactions value $
$0
Form type
4
Date filed
2/25/2025, 04:59 PM
Previous filing
Nov 5, 2024
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 Restricted Stock Units (Share Payout) Award +17.4K 17.4K Feb 24, 2025 Class A Common Stock 17.4K Direct F1, F2, F3
transaction EL Option (Right to Buy) Award +23K 23K Feb 24, 2025 Class A Common Stock 23K $75.10 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Non-annual RSUs granted February 24, 2025. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,787 on February 27, 2026; 5,787 on February 26, 2027; and 5,787 on February 24, 2028.
F4 Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 7,678 shares exercisable from and after February 27, 2026; 7,678 shares exercisable from and after February 26, 2027; and 7,679 shares exercisable from and after February 24, 2028.