SEC Form 4 · accession 0001001250-15-000096
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl P. Haney
Officer — EVP-Global R&D
Period of report
Nov 2, 2015
Accepted (ET)
Nov 4, 2015 · 4:36 pm EST
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 StockF1 | Nov 2, 2015 | M | 8,873 | $0.00 | A | 16,165 | D | |
| Class A Common Stock | Nov 2, 2015 | F | 4,954 | $86.37 | D | 11,211 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Share Payout)F3,F1,F4 | $0.00 | Nov 2, 2015 | M | 8,873 | D | — | — | Class A Common Stock | 8,873 | 22,370 | D |
Explanation of responses
- F1Not 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.
- F2Represents the withholding of shares for tax purposes.
- F3Vesting of portions of RSUs granted September 4, 2012, September 4, 2013 and September 3, 2014.
- F4Remaining RSUs from grants dated September 4, 2013, September 3, 2014 and September 4, 2015 will vest and be paid out as follows: 7,887 on October 31, 2016; 11,811 on October 31, 2017; and 2,672 on October 31, 2018. Upon payout, additional shares will be withheld to cover minimum statutory tax obligations. RSUs are accompanied by dividend equivalent rights that will be payable in cash at the time of payout of the related shares.