ESTEE LAUDER COMPANIES INC 4
4 · ESTEE LAUDER COMPANIES INC · Filed Sep 24, 2007
Insider Transaction Report
Form 4
SHEARER PHILIP
Group President
Transactions
- Award
Option (Right to Buy)
2007-09-21+62,500→ 62,500 totalExercise: $42.58Exp: 2017-09-21→ Class A Common Stock (62,500 underlying) - Award
Restricted Stock Units (Share Payout)
2007-09-21+10,833→ 10,833 totalExercise: $0.00→ Class A Common Stock (10,833 underlying)
Footnotes (2)
- [F1]Stock Options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 20,833 shares exercisable from and after January 1, 2009; 20,833 shares exercisable from and after January 1, 2010; 20,834 shares exercisable from and after January 1, 2011.
- [F2]Assuming continued employment, the restricted stock units will vest and be paid out as follows: 3,611 on October 31, 2008, 3,611 on November 2, 2009, and 3,611 on November 1, 2010, or in each case the first day thereafter that shares may be sold pursuant to company policy. Upon payout, shares will be withheld to cover minimum statutory tax obligations. Restricted stock units are accompanied by dividend equivalent rights that will be payable in cash at the time of payout of the related shares.