SEC Form 4 · accession 0001001250-17-000102
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
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 5:58 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,F2 | Oct 31, 2017 | M | 14,195 | $0.00 | A | 14,867 | D | |
| Class A Common Stock | Oct 31, 2017 | F | 7,926 | $111.40 | D | 6,941 | 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)F4,F2,F5 | $0.00 | Oct 31, 2017 | M | 2,580 | D | Oct 31, 2017 | Oct 31, 2017 | Class A Common Stock | 2,580 | 0 | D |
| Restricted Stock Units (Share Payout)F2,F6 | $0.00 | Oct 31, 2017 | M | 6,559 | D | Oct 31, 2017 | Oct 31, 2017 | Class A Common Stock | 6,559 | 0 | D |
| Restricted Stock Units (Share Payout)F4,F2,F7 | $0.00 | Oct 31, 2017 | M | 2,672 | D | Oct 31, 2018 | Oct 31, 2018 | Class A Common Stock | 2,672 | 2,672 | D |
| Restricted Stock Units (Share Payout)F4,F2,F8 | $0.00 | Oct 31, 2017 | M | 2,384 | D | Oct 31, 2018 | Oct 31, 2019 | Class A Common Stock | 2,384 | 4,769 | D |
Explanation of responses
- F1Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 3, 2014, September 4, 2015 and September 6, 2016.
- F2Not applicable.
- F3Represents the withholding of shares for tax purposes.
- F4RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments. Upon payout, additional shares will be withheld to cover 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.
- F5RSUs from grant dated September 3, 2014.
- F6RSUs from grant dated September 3, 2014 vested in full on date shown above.
- F7RSUs from grant dated September 4, 2015. Assuming continued employment, RSUs will vest and be paid out as follows: 2,672 on October 31, 2018.
- F8RSUs from grant dated September 6, 2016. Assuming continued employment, RSUs will vest and be paid out as follows: 2,384 on October 31, 2018; and 2,384 on October 31, 2019.