ESTEE LAUDER COMPANIES INC 4
4 · ESTEE LAUDER COMPANIES INC · Filed Sep 24, 2007
Insider Transaction Report
Form 4
Bond Malcolm
EVP, Global Operations
Transactions
- Award
Option (Right to Buy)
2007-09-21+25,000→ 25,000 totalExercise: $42.58Exp: 2017-09-21→ Class A Common Stock (25,000 underlying) - Award
Restricted Stock Units (Share Payout)
2007-09-21+4,333→ 4,333 totalExercise: $0.00→ Class A Common Stock (4,333 underlying)
Footnotes (2)
- [F1]Stock Options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 8,333 shares exercisable from and after January 1, 2009; 8,333 shares exercisable from and after January 1, 2010; 8,334 shares exercisable from and after January 1, 2011.
- [F2]Assuming continued employment, the restricted stock units will vest and be paid out as follows: 1,444 on October 31, 2008, 1,444 on November 2, 2009, and 1,445 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.