Hertzmark Hudis Jane 4

4 · ESTEE LAUDER COMPANIES INC · Filed Nov 2, 2023

Form 4

Period: 2023-11-01

Exec VP & CBO

Transactions

Exercise/Conversion
Restricted Stock Units (Share Payout)
2023-11-01−1,397→ 1,397 total
Exercise: $0.00Exp: 2024-11-01→ Class A Common Stock (1,397 underlying)
Exercise/Conversion
Restricted Stock Units (Share Payout)
2023-11-01−2,389→ 0 total
Exercise: $0.00Exp: 2023-11-01→ Class A Common Stock (2,389 underlying)
Exercise/Conversion
Class A Common Stock
2023-11-01+5,843→ 18,293 total
Exercise/Conversion
Restricted Stock Units (Share Payout)
2023-11-01−2,057→ 4,115 total
Exercise: $0.00Exp: 2025-11-03→ Class A Common Stock (2,057 underlying)
Tax Payment
Class A Common Stock
2023-11-01$106.14/sh−3,233$343,151→ 15,060 total

Footnotes (7)

[F1]Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 3, 2020; September 2, 2021; and September 6, 2022.
[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, shares will be withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of payout of the related shares.
[F5]RSUs from grant dated September 3, 2020.
[F6]RSUs from grant dated September 2, 2021. Assuming continued employment, these annual RSUs will vest and be paid out as follows: 1,397 on November 1, 2024.
[F7]RSUs from grant dated September 6, 2022. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,057 on November 1, 2024; and 2,058 on November 3, 2025.

Documents

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