SEC Form 4 · accession 0001001250-19-000005
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
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 5:45 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 StockF2 | Jan 29, 2019 | M | 23,898 | $0.00 | A | 23,898 | D | |
| Class A Common Stock | Jan 29, 2019 | F | 12,719 | $131.49 | D | 11,179 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF5,F2,F4 | — | Jan 29, 2019 | M | 23,898 | D | — | — | Class A Common Stock | 23,898 | 23,898 | D |
Explanation of responses
- F1Payout of shares upon vesting of second of three tranches of the Performance Share Unit ("PSU") award granted on January 28, 2016.
- F2PSUs are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting dates.
- F3Represents the withholding of shares for tax purposes.
- F4In accordance with the terms of the PSU award granted on January 28, 2016, the performance conditions of the award were certified as achieved on September 5, 2017. Thereafter, the PSUs vest in three equal tranches on January 29, 2018, January 29, 2019, and January 29, 2020.
- F5Not applicable.