Lauder William P 4
4 · ESTEE LAUDER COMPANIES INC · Filed Nov 2, 2023
Insider Transaction Report
Form 4
Lauder William P
DirectorExecutive Chairman10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2023-11-01+4,688→ 10,608 total - Exercise/Conversion
Restricted Stock Units (Share Payout)
2023-11-01−1,106→ 1,106 totalExp: 2024-11-01→ Class A Common Stock (1,106 underlying) - Exercise/Conversion
Restricted Stock Units (Share Payout)
2023-11-01−1,946→ 0 totalExp: 2023-11-01→ Class A Common Stock (1,946 underlying) - Tax Payment
Class A Common Stock
2023-11-01$106.14/sh−2,594$275,327→ 8,014 total - Exercise/Conversion
Restricted Stock Units (Share Payout)
2023-11-01−1,636→ 3,273 totalExp: 2025-11-03→ Class A Common Stock (1,636 underlying)
Holdings
- 10,468(indirect: By Children)
Class A Common Stock
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, additional 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 RSUs will vest and be paid out as follows: 1,106 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: 1,636 on November 1, 2024; and 1,637 on November 3, 2025.