SEC Form 4 · accession 0001001250-16-000197
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Polcer
Officer — EVP - Global Supply Chain
Period of report
Jun 23, 2016
Accepted (ET)
Jun 27, 2016 · 12:08 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 StockF1 | Jun 23, 2016 | M | 35,000 | $26.42 | A | 104,909 | D | |
| Class A Common StockF3,F4 | Jun 23, 2016 | S | 35,000 | $94.73 | D | 69,909 | D |
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)F5,F6,F1 | $26.42 | Jun 23, 2016 | M | 35,000 | D | — | Sep 11, 2018 | Class A Common Stock | 35,000 | 15,000 | D |
Explanation of responses
- F1Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 16,666 shares exercisable from and after January 1, 2010; 16,666 shares exercisable from and after January 1, 2011; 16,668 shares exercisable from and after January 1, 2012.
- F2The sales of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c) entered into on June 9, 2016.
- F3The number of securities reported represents an aggregated number of shares sold in mulitple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
- F4Sales prices range from $94.00 to $94.90, inclusive.
- F5Not applicable.
- F6In addition to these shares, the Reporting Person also has options to purchase at various prices 305,606 shares of Class A Common Stock, 240,653 of all options held by the Reporting Person are currently exercisable.