Hockaday Irvine O Jr 4
4 · ESTEE LAUDER COMPANIES INC · Filed May 19, 2021
Insider Transaction Report
Form 4
Hockaday Irvine O Jr
Director
Transactions
- Award
Stock Units (Cash Payout)
2021-05-18$296.20/sh+129.13$38,248→ 79,627.49 total→ Class A Common Stock (129.13 underlying)
Footnotes (3)
- [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 presiding director, board, committee chair, 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.