SEC Form 4 · accession 0001001250-19-000003
ESTEE LAUDER COMPANIES INC · EL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hudis Jane Hertzmark
Officer — Group President
Period of report
Jan 29, 2019
Accepted (ET)
Jan 30, 2019 · 5:04 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 | Jan 29, 2019 | M | 11,949 | $0.00 | A | 11,949 | D | |
| Class A Common Stock | Jan 29, 2019 | F | 5,249 | $131.49 | D | 55,976 | 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 | Jan 29, 2019 | M | 11,949 | D | Jan 29, 2019 | Jan 29, 2019 | Class A Common Stock | 11,949 | 0 | D |
Explanation of responses
- F1Payout of shares upon vesting of Restricted Stock Units ("RSUs") granted January 28, 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. These RSUs vested in full on the Transaction Date above. 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 January 28, 2016.