Trower Alexandra C. 4
4 · ESTEE LAUDER COMPANIES INC · Filed Nov 3, 2020
Insider Transaction Report
Form 4
Trower Alexandra C.
EVP - Global Communications
Transactions
- Tax Payment
Class A Common Stock
2020-11-02$229.12/sh−2,528$579,215→ 6,048 total - Exercise/Conversion
Restricted Stock Units (Share Payout)
2020-11-02−2,048→ 0 totalExercise: $0.00From: 2020-11-02Exp: 2020-11-02→ Class A Common Stock (2,048 underlying) - Exercise/Conversion
Restricted Stock Units (Share Payout)
2020-11-02−1,557→ 1,557 totalExercise: $0.00From: 2020-11-02Exp: 2021-11-01→ Class A Common Stock (1,557 underlying) - Exercise/Conversion
Class A Common Stock
2020-11-02+4,749→ 8,576 total - Exercise/Conversion
Restricted Stock Units (Share Payout)
2020-11-20−1,144→ 2,290 totalExercise: $0.00From: 2020-11-02Exp: 2022-11-01→ Class A Common Stock (1,144 underlying)
Footnotes (7)
- [F1]Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 5, 2017, September 4, 2018, and September 3, 2019.
- [F2]Not applicable.
- [F3]Represents the withholding of shares for tax purposes.
- [F4]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. Upon payout, additional 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.
- [F5]RSUs from grant dated September 5, 2017.
- [F6]RSUs from grant dated September 4, 2018. Assuming continued employment, RSUs will vest and be paid out as follows: 1,557 on November 1, 2021.
- [F7]RSUs from grant dated September 3, 2019. Assuming continued employment, remaining RSUs will vest and be paid out as follows: 1,145 on November 1, 2021 and 1,145 on November 1, 2022.