SEC Form 4 · accession 0001140361-17-043784
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 21, 2017
Accepted (ET)
Nov 24, 2017 · 5:00 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,F6,F7,F8 | Nov 21, 2017 | S | 293,300 | $125.54 | D | 278,051 | D | |
| Class A Common StockF1,F3,F6,F7,F8 | Nov 21, 2017 | S | 6,700 | $126.13 | D | 271,351 | D | |
| Class A Common StockF1,F4,F6,F7,F8 | Nov 22, 2017 | S | 267,221 | $125.30 | D | 4,130 | D | |
| Class A Common StockF1,F5,F6,F7,F8 | Nov 22, 2017 | S | 4,130 | $126.29 | D | 0 | D | |
| Class A Common StockF9 | holding | — | — | — | 68,550 | D | ||
| Class A Common StockF10 | 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 indirectly, in custody for his children.
- F2Sales prices in the range from $125.00 to $125.99 per share, inclusive.
- F3Sales prices in the range from $126.01 to $126.36 per share, inclusive.
- F4Sales prices in the range from $125.04 to $126.02 per share, inclusive.
- F5Sales prices in the range from $126.09 to $126.55 per share, inclusive.
- F6Owned 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.
- F7WPL disclaims beneficial ownership to the extent that he does not have a pecuniary interest in such securities.
- F8GML disclaims beneficial ownership to the extent that he does not have a pecuniary interest in such securities.
- F9Owned by WPL directly.