SEC Form 4 · accession 0001001250-16-000148
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sara E Moss
Officer — EVP and General Counsel
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 4:16 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Share Payout)F1,F2 | — | Jan 28, 2016 | A | 11,949 | A | — | — | Class A Common Stock | 11,949 | 32,122 | 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.
- F2Assuming continued employment, the RSUs granted will vest and be paid out on January 29, 2019. Assuming continued employment, additional RSUs held by the Reporting Person will vest and be paid out as follows: 10,160 on October 31, 2016; 6,611 on October 31, 2017; and 3,402 on October 31, 2018. Upon payout, 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.