SEC Form 4 · accession 0001001250-17-000130
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
William P Lauder
Officer — Executive Chairman · Director · 10% Owner
Gary M Lauder
10% Owner
1992 GRAT REMAINDER TRUST FBO WILLIAM LAUDER
10% Owner · Other
Period of report
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 5:20 pm EST
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,F7,F8,F9 | Nov 16, 2017 | S | 125,000 | $125.87 | D | 1,016,351 | D | |
| Class A Common StockF1,F3,F7,F8,F9 | Nov 17, 2017 | S | 257,644 | $125.14 | D | 758,707 | D | |
| Class A Common StockF1,F4,F7,F8,F9 | Nov 17, 2017 | S | 12,356 | $125.86 | D | 746,351 | D | |
| Class A Common StockF1,F5,F7,F8,F9 | Nov 20, 2017 | S | 112,603 | $125.64 | D | 633,748 | D | |
| Class A Common StockF1,F6,F7,F8,F9 | Nov 20, 2017 | S | 62,397 | $126.23 | D | 571,351 | D | |
| Class A Common StockF10 | holding | — | — | — | 68,550 | D | ||
| Class A Common StockF11 | holding | — | — | — | 10,468 | I | by children of WPL |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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 WPL GRAT Remainder Trust undertakes to provide 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.
- F10Owned by WPL directly.
- F11Owned by WPL indirectly, in custody for his children.
- F2Sales prices in the range from $125.55 to $126.40 per share, inclusive.
- F3Sales prices in the range from $124.80 to $125.79 per share, inclusive.
- F4Sales prices in the range from $125.80 to $126.11 per share, inclusive.
- F5Sales prices in the range from $125.04 to $126.02 per share, inclusive.
- F6Sales prices in the range from $126.03 to $126.46 per share, inclusive.
- F7Owned by WPL GRAT Remainder Trust directly. Owned by each of William P. Lauder (WPL) and Gary M. Lauder (GML), indirectly, as a trustee of the WPL GRAT Remainder Trust.
- F8WPL disclaims beneficial ownership to the extent that he does not have a pecuniary interest in such securities.
- F9GML disclaims beneficial ownership to the extent that he does not have a pecuniary interest in such securities.