Stanley Deirdre 4
4 · ESTEE LAUDER COMPANIES INC · Filed Aug 30, 2023
Insider Transaction Report
Form 4
Stanley Deirdre
EVP & General Counsel
Transactions
- Award
Restricted Stock Units (Share Payout)
2023-08-28+4,821→ 4,821 total→ Class A Common Stock (4,821 underlying) - Award
Class A Common Stock
2023-08-28+850→ 14,758 total - Award
Stock Option (Right to Buy)
2023-08-28+13,962→ 13,962 totalExercise: $156.39From: 2025-01-01Exp: 2033-08-28→ Class A Common Stock (13,962 underlying) - Tax Payment
Class A Common Stock
2023-08-28$155.96/sh−343$53,494→ 14,415 total
Footnotes (6)
- [F1]Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 3, 2020.
- [F2]Represents the withholding of shares for tax purposes.
- [F3]Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 4,654 shares exercisable from and after January 1, 2025; 4,654 shares exercisable from and after January 1, 2026; and 4,654 shares exercisable from and after January 1, 2027.
- [F4]Not applicable.
- [F5]Restricted Stock Units ("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 unless otherwise indicated. 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 the payout of the related shares.
- [F6]RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,607 on November 1, 2024; 1,607 on November 3, 2025; and 1,607 on November 2, 2026.