New insider Shrivastava Akhil claimed ownership of 378 units of Class A Common Stock (SEC Form 3)
$EL
Package Goods/Cosmetics
Consumer Discretionary
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 11/01/2024 |
3. Issuer Name and Ticker or Trading Symbol
ESTEE LAUDER COMPANIES INC [ EL ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Class A Common Stock | 378.03 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units (Share Payout)(1) | (2) | 11/01/2024 | Class A Common Stock | 91.99 | (3) | D | |
| Restricted Stock Units (Share Payout)(1) | (4) | 11/03/2025 | Class A Common Stock | 300.48 | (3) | D | |
| Restricted Stock Units (Share Payout)(1) | (5) | 11/02/2026 | Class A Common Stock | 703.51 | (3) | D | |
| Restricted Stock Units (Share Payout)(1) | (6) | 02/26/2027 | Class A Common Stock | 10,530.29 | (3) | D | |
| Restricted Stock Units (Share Payout)(1) | (7) | 11/01/2027 | Class A Common Stock | 9,896.13 | (3) | D | |
| Stock Option (Right to Buy) | 01/01/2022(8) | 09/03/2030 | Class A Common Stock | 2,091 | $218.06 | D | |
| Stock Option (Right to Buy) | 01/01/2023(9) | 09/02/2031 | Class A Common Stock | 1,060 | $344.06 | D | |
| Stock Option (Right to Buy) | 01/01/2024(10) | 09/06/2032 | Class A Common Stock | 1,361 | $246.15 | D | |
| Stock Option (Right to Buy) | 01/01/2025(11) | 08/28/2033 | Class A Common Stock | 2,027 | $156.39 | D | |
| Stock Option (Right to Buy) | 11/03/2025(12) | 08/27/2034 | Class A Common Stock | 15,565 | $92.87 | D | |
| Explanation of Responses: |
| 1. Restricted Stock Units ("RSUs") 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 unless otherwise indicated. Upon payout, shares will be withheld to cover statutory tax obligations. These RSUs, awarded to the Reporting Person prior to designation as a Section 16 Insider, are accompanied by dividend equivalent rights payable at the time of the payout of the related shares. |
| 2. Annual RSUs granted September 2, 2021. Assuming continued employment, these RSUs will vest and be paid out as follows: 88 on November 1, 2024. |
| 3. Not applicable. |
| 4. Annual RSUs granted September 6, 2022. Assuming continued employment, these RSUs will vest and be paid out as follows: 145 on November 1, 2024; and 145 on November 3, 2025. |
| 5. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 228 on November 1, 2024; 228 on November 3, 2025; and 229 on November 2, 2026. |
| 6. Non-annual RSUs granted February 26, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,172 on February 26, 2026; and 5,172 on February 26, 2027. |
| 7. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 3,273 on November 3, 2025; 3,273 on November 2, 2026; and 3,274 on November 1, 2027. |
| 8. Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 697 exercisable from and after January 1, 2022; 697 exercisable from and after January 1, 2023; and 697 exercisable from and after January 1, 2024. |
| 9. Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 353 shares exercisable from and after January 1, 2023; 353 shares exercisable from and after January 1, 2024; and 354 shares exercisable from and after January 1, 2025. |
| 10. Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 453 shares exercisable from and after January 1, 2024; 454 shares exercisable from and after January 1, 2025; and 454 shares exercisable from and after January 1, 2026. |
| 11. Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 675 shares exercisable from and after January 1, 2025; 676 shares exercisable from and after January 1, 2026; and 676 shares exercisable from and after January 1, 2027. |
| 12. Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 5,188 shares exercisable from and after November 3, 2025; 5,188 shares exercisable from and after November 2, 2026; and 5,189 shares exercisable from and after November 1, 2027. |
| Remarks: |
| Akhil Shrivastava, by Spencer G. Smul, attorney-in-fact | 11/01/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||