SEC Form 4 · accession 0001001250-16-000210
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry S Sternlicht
Director
Period of report
Aug 22, 2016
Accepted (ET)
Aug 23, 2016 · 6:19 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 | Aug 22, 2016 | M | 10,000 | $20.20 | A | 40,982 | D | |
| Class A Common StockF2,F3 | Aug 22, 2016 | S | 10,000 | $91.34 | D | 30,982 | D | |
| Class A Common StockF4 | holding | — | — | — | 12,000 | I | 1999 Sternlicht Family Trust 1 | |
| Class A Common StockF4 | holding | — | — | — | 12,000 | I | 1999 Sternlicht Family Trust 2 | |
| Class A Common StockF4 | holding | — | — | — | 12,000 | I | 1999 Sternlicht Family Trust 3 |
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,F7 | $20.20 | Aug 22, 2016 | M | 10,000 | D | Oct 31, 2007 | Oct 31, 2016 | Class A Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1This amount reflects that on June 17, 2016, the Reporting Person disposed of 23,018 shares in a transaction exempt from Section 16.
- F2The number of securities reported represents an aggregate number of shares sold in multiple 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.
- F3Sales prices range from $91.14 to $91.62 per share, inclusive.
- F4The Reporting Person disclaims beneficial ownership of such shares to the extent he does not have a pecuniary interest in such shares.
- F5Stock Options granted to the Reporting Person pursuant to the Issuer's Non-Employee Director Share Incentive Plan.
- F6Not applicable.
- F7The Reporting Person also holds options to purchase at various prices 69,149 shares of Class A Common Stock, 65,177 of which are exercisable.