Eric Louis Zinterhofer - Feb 25, 2025 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Director
Signature
Eric Louis Zinterhofer, by Spencer G. Smul, Attorney-in-fact
Stock symbol
EL
Transactions as of
Feb 25, 2025
Transactions value $
$26,999
Form type
4
Date filed
2/26/2025, 04:14 PM
Previous filing
Jan 14, 2025
Next filing
Mar 18, 2025
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 Units (Cash Payout) Award $27K +361 $74.78 361 Feb 25, 2025 Class A Common Stock 361 Direct F1, F2, F3
holding EL Class B Common Stock 4.91M Feb 25, 2025 Class A Common Stock 4.91M Held by Spouse's Trust F4, F5
holding EL Class B Common Stock 1.68M Feb 25, 2025 Class A Common Stock 1.68M Held by Spouse F4
holding EL Class B Common Stock 7.71M Feb 25, 2025 Class A Common Stock 7.71M Held by Spouse's Trust F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.
F3 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.
F4 Shares of Class B Common Stock may be converted immediately into Class A Common Stock on a one-for-one basis by the holder and are automatically converted into Class A Common Stock on a one-for-one basis upon transfer to a person or entity that is not a "Permitted Transferee" or soon after a record date for a meeting of stockholders where the outstanding Class B Common Stock constitutes less than 10% of the outstanding shares of Common Stock of the Issuer.
F5 Owned directly by the Trust under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement u/a/d December 24, 2008 (the "2008 Descendants Trust"). Owned indirectly by Aerin Lauder Zinterhofer (Reporting Person's spouse) and Jane Lauder (Reporting Person's sister-in-law) as trustees of the 2008 Descendants Trust. Aerin Lauder Zinterhofer disclaims beneficial ownership to the extent that she does not have a pecuniary interest in such securities. Jane Lauder disclaims beneficial ownership to the extent that she does not have a pecuniary interest in such securities. Mr. Zinterhofer disclaims beneficial ownership and does not have a pecuniary interest in the shares held by the 2008 Descendants Trust.
F6 Owned by the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000 (the "ALZ 2000 Trust") directly, owned indirectly by Aerin Lauder as Grantor and beneficial owner of the ALZ 2000 Trust.