SEC Form 4 · accession 0001001250-17-000015
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Demsey
Officer — Group President
Period of report
Mar 13, 2017
Accepted (ET)
Mar 13, 2017 · 5:27 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 | Mar 13, 2017 | M | 21,010 | $67.31 | A | 21,010 | D | |
| Class A Common StockF3,F4 | Mar 13, 2017 | S | 21,010 | $85.46 | D | 0 | 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 | $67.31 | Mar 13, 2017 | M | 21,010 | D | Jan 1, 2015 | Sep 4, 2023 | Class A Common Stock | 21,010 | 0 | D |
Explanation of responses
- F1Stock Options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 21,009 shares exercisable from and after January 1, 2015; 21,010 shares exercisable from and after January 1, 2016; 21,010 shares exercisable from and after January 1, 2017.
- 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 February 27, 2017.
- F3The number of securities reported represents an aggregated 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.
- F4Sales prices range from $85.18 to $85.86.
- F5Not Applicable
- F6The Reporting Person also has options to purchase at various prices 209,517 shares of Class A Common Stock, 50,828 of which are currently exercisable.