Lauder William P 4
4 · ESTEE LAUDER COMPANIES INC · Filed Sep 8, 2022
Insider Transaction Report
Form 4
Lauder William P
DirectorExecutive Chairman10% Owner
Transactions
- Award
Class A Common Stock
2022-09-06+5,986→ 5,986 total - Award
Stock Option (Right to Buy)
2022-09-06+14,942→ 14,942 totalExercise: $246.15Exp: 2032-09-06→ Class A Common Stock (14,942 underlying) - Tax Payment
Class A Common Stock
2022-09-06$248.02/sh−3,311$821,194→ 2,675 total - Award
Restricted Stock Units (Share Payout)
2022-09-06+4,909→ 4,909 total→ Class A Common Stock (4,909 underlying)
Footnotes (5)
- [F1]Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 3, 2019.
- [F2]Represents the withholding of shares for tax purposes in connection with the payout of the PSUs.
- [F3]Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 4,980 shares exercisable from and after January 1, 2024; 4,981 shares exercisable from and after January 1, 2025; and 4,981 shares exercisable from and after January 1, 2026.
- [F4]Not applicable.
- [F5]Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 1,636 on November 1, 2023; 1,636 on November 1, 2024; and 1,637 on November 3, 2025. 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.