Demsey John 4
4 · ESTEE LAUDER COMPANIES INC · Filed Nov 2, 2021
Insider Transaction Report
Form 4
Demsey John
Group President
Transactions
- Tax Payment
Class A Common Stock
2021-11-01$324.28/sh−5,391$1,748,193→ 12,607 total - Exercise/Conversion
Class A Common Stock
2021-11-01+9,393→ 17,998 total - Exercise/Conversion
Restricted Stock Units (Share Payout)
2021-11-01−4,050→ 0 totalExercise: $0.00From: 2021-11-01Exp: 2021-11-01→ Class A Common Stock (4,050 underlying) - Exercise/Conversion
Restricted Stock Units (Share Payout)
2021-11-01−2,672→ 5,346 totalExercise: $0.00From: 2021-11-01Exp: 2023-11-01→ Class A Common Stock (2,672 underlying) - Exercise/Conversion
Restricted Stock Units (Share Payout)
2021-11-01−2,671→ 2,671 totalExercise: $0.00From: 2021-11-01Exp: 2022-11-01→ Class A Common Stock (2,671 underlying)
Footnotes (7)
- [F1]Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 4, 2018, September 3, 2019, and September 3, 2020.
- [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 annual 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 4, 2018.
- [F6]RSUs from grant dated September 3, 2019. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,671 on November 1, 2022.
- [F7]RSUs from grant dated September 3, 2020. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,672 on November 1, 2022; and 2,674 on November 1, 2023.