SEC Form 4 · accession 0001001250-15-000075
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael O'Hare
Officer — EVP-Global Human Resources
Period of report
Sep 4, 2015
Accepted (ET)
Sep 9, 2015 · 5:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001250
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F1 | $77.35 | Sep 4, 2015 | A | 27,077 | A | — | Sep 4, 2025 | Class A Common Stock | 27,077 | 27,077 | D |
| Restricted Stock Units (Share Payout)F3,F2 | $0.00 | Sep 4, 2015 | A | 8,082 | A | — | — | Class A Common Stock | 8,082 | 25,461 | D |
Explanation of responses
- F1Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 9,025 shares exercisable from and after January 1, 2017; 9,026 shares exercisable from and after January 1, 2018; and 9,026 shares exercisable from and after January 1, 2019.
- F2Not applicable. 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.
- F3Assuming continued employment, the Restricted Stock Units granted on September 4, 2015 will vest and be paid out as follows: 2,694 on October 31, 2016; 2,694 on October 31, 2017; and 2,694 on October 31, 2018. Assuming continued employment, the Restricted Stock Units held by the Reporting Person will vest and be paid out as follows: 7,473 on November 2, 2015; 10,169 on October 31, 2016; 5,125 on October 31, 2017; and 2,694 on October 31, 2018. Upon payout, shares will be withheld to cover minimum statutory tax obligations. Restricted Stock Units are accompanied by dividend equivalent rights that will be payable in cash at the time of payout of the related shares.