Sec Form 4 Filing - Hertzmark Hudis Jane @ ESTEE LAUDER COMPANIES INC - 2019-10-31

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Hertzmark Hudis Jane
2. Issuer Name and Ticker or Trading Symbol
ESTEE LAUDER COMPANIES INC [ EL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Group President
(Last) (First) (Middle)
THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
10/31/2019
(Street)
NEW YORK, NY10153
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/31/2019 M( 1 ) 7,197 ( 1 ) A $ 0 ( 2 ) 56,473 D
Class A Common Stock 10/31/2019 J( 3 ) 73 ( 3 ) A $ 0 ( 2 ) 56,546 D
Class A Common Stock 10/31/2019 F( 4 ) 3,869 D $ 183.99 52,677 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (Share Payout) ( 5 ) $ 0 ( 2 ) 10/31/2019 M 2,236 ( 6 ) 10/31/2019( 6 ) 10/31/2019 Class A Common Stock 2,236 $ 0 ( 2 ) 0 D
Restricted Stock Units (Share Payout) ( 5 ) $ 0 ( 2 ) 10/31/2019 M 2,649 ( 7 ) 10/31/2019( 5 )( 7 ) 11/02/2020 Class A Common Stock 2,649 $ 0 ( 2 ) 2,650 D
Restricted Stock Units (Share Payout) ( 5 ) $ 0 ( 2 ) 10/31/2019 M 2,312 ( 8 ) 10/31/2019( 7 ) 11/01/2021 Class A Common Stock 2,312 $ 0 ( 2 ) 4,625 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hertzmark Hudis Jane
THE ESTEE LAUDER COMPANIES INC.
767 FIFTH AVENUE
NEW YORK, NY10153
Group President
Signatures
Jane Hertzmark Hudis, by Maureen Sladek, attorney-in-fact 11/01/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2016, September 5, 2017, and September 4, 2018.
( 2 )Not applicable.
( 3 )Payout of dividend shares earned upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2016, September 5, 2017 and September 4, 2018.
( 4 )Represents the withholding of shares for tax purposes.
( 5 )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. Upon payout, 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.
( 6 )RSUs from grant dated September 6, 2016.
( 7 )RSUs from grant dated September 5, 2017. Assuming continued employment, RSUs will vest and be paid out as follows: 2,650 on November 2, 2020.
( 8 )RSUs from grant dated September 4, 2018. Assuming continued employment, RSUs will vest and be paid out as follows: 2,312 on November 2, 2020 and 2,313 on November 1, 2021.

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 4(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.