SEC Form 4 · accession 0001001250-15-000081

ESTEE LAUDER COMPANIES INC · EL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Chairman · Director · 10% Owner

Period of report

Sep 4, 2015

Accepted (ET)

Sep 9, 2015 · 5:31 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001001250

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock^F1	Sep 4, 2015	A	11,553	$0.00	A	11,553	D
Class A Common Stock	Sep 4, 2015	F	4,763	$77.35	D	6,790	D
Class A Common Stock	holding	—	—		—	10,468	I	by children of Reporting Person
Class A Common Stock	holding	—	—		—	795,615	I	as co-trustee of 1992 GRAT Remainder f/b/o William P. Lauder
Class A Common Stock	holding	—	—		—	24,360	I	as co-trustee of 1992 GRAT Remainder f/b/o Gary M. Lauder

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (Right to Buy)^F3	$77.35	Sep 4, 2015	A	37,538	A	—	Sep 4, 2025	Class A Common Stock	37,538	37,538	D
Restricted Stock Units (Share Payout)^F5,F4	$0.00	Sep 4, 2015	A	11,204	A	—	—	Class A Common Stock	11,204	33,876	D

F1Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 4, 2012.
F2Represents the withholding of shares for tax purposes in connection with the payout of the PSUs.
F3Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 12,512 shares exercisable from and after January 1, 2017; 12,513 shares exercisable from and after January 1, 2018; and 12,513 shares exercisable from and after January 1, 2019.
F4Not applicable. Restricted Stock Units vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date.
F5Assuming continued employment, the Restricted Stock Units granted on September 4, 2015 will vest and be paid out as follows: 3,734 on October 31, 2016; 3,735 on October 31, 2017; and 3,735 on October 31, 2018. Assuming continued employment, the Restricted Stock Units held by the Reporting Person will vest and be paid out as follows: 11,256 on November 2, 2015; 11,506 on October 31, 2016; 7,379 on October 31, 2017; and 3,735 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.