4//SEC Filing
Polcer Gregory 4
Accession 0001001250-20-000083
CIK 0001001250other
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 8:32 PM ET
Size
16.6 KB
Accession
0001001250-20-000083
Insider Transaction Report
Form 4
Polcer Gregory
EVP - Global Supply Chain
Transactions
- Award
Class A Common Stock
2020-09-03+7,306→ 86,620 total - Sale
Class A Common Stock
2020-09-08$214.82/sh−50$10,741→ 79,314 total - Sale
Class A Common Stock
2020-09-08$213.26/sh−1,833$390,906→ 81,572 total - Award
Option (Right to Buy)
2020-09-03+15,521→ 15,521 totalExercise: $218.06Exp: 2030-09-03→ Class A Common Stock (15,521 underlying) - Tax Payment
Class A Common Stock
2020-09-03$219.80/sh−3,215$706,657→ 83,405 total - Sale
Class A Common Stock
2020-09-08$214.01/sh−2,208$472,534→ 79,364 total - Award
Restricted Stock Units (Share Payout)
2020-09-03+4,136→ 4,136 totalExercise: $0.00→ Class A Common Stock (4,136 underlying)
Footnotes (9)
- [F1]Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 5, 2017.
- [F2]Represents the withholding of shares for tax purposes in connection with the payout of the PSUs.
- [F3]The sales of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c) entered into on September 1, 2020.
- [F4]The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
- [F5]Sales prices range from $212.68 to $213.67 per share, inclusive.
- [F6]Sales prices range from $213.71 to $214.70 per share, inclusive.
- [F7]Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 5,173 shares exercisable from and after January 1, 2022; 5,174 shares exercisable from and after January 1, 2023; and 5,174 shares exercisable from and after January 1, 2024.
- [F8]Not applicable.
- [F9]Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 1,378 on November 1, 2021; 1,379 on November 1, 2022; and 1,379 on November 1, 2023. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. Upon payout, shares will be withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights that will be payable in cash at the time of payout of the related shares.
Documents
Issuer
ESTEE LAUDER COMPANIES INC
CIK 0001001250
Entity typeother
Related Parties
1- filerCIK 0001441645
Filing Metadata
- Form type
- 4
- Filed
- Sep 7, 8:00 PM ET
- Accepted
- Sep 8, 8:32 PM ET
- Size
- 16.6 KB