Sec Form 4 Filing - MOSS SARA E @ ESTEE LAUDER COMPANIES INC - 2021-09-02

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

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1. Name and Address of Reporting Person MOSS SARA E 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) Vice Chairman (Last) (First) (Middle) THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 09/02/2021 (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 09/02/2021 A( 1 ) 8,099 ( 1 ) A $ 0 8,099 D Class A Common Stock 09/02/2021 F( 2 ) 4,648 D $ 0 3,451 D Class A Common Stock 09/02/2021 S( 3 ) 2,339 ( 4 ) D ( 4 ) ( 5 ) $ 342.33 1,112 D Class A Common Stock 09/02/2021 S( 3 ) 1,112 ( 4 ) D ( 4 ) ( 6 ) $ 343.04 0 D Class A Common Stock 14,655 I Through a grantor retained annuity trust. Class A Common Stock 45,402 I Through a revocable trust. Class A Common Stock 9,890 I Through a separate grantor retained annuity trust.

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 Option (right to buy) $ 344.06 09/02/2021 A 7,951 ( 7 ) ( 7 ) 09/02/2031 Class A Common Stock 7,951 ( 8 ) 7,951 D Restricted Stock Units (Share Payout) ( 8 ) 09/02/2021 A 2,057 ( 9 ) ( 9 ) ( 9 ) Class A Common Stock 2,057 ( 8 ) 2,057 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MOSS SARA E THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE NEW YORK, NY10153 Vice Chairman Signatures Sara E. Moss by Maureen Sladek, attorney-in-fact 09/07/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reflects payout of Performance Share Units ("PSUs") granted to Reporting Person on September 4, 2018. ( 2 )Represents the withholding of shares for tax purposes in connection with the payout of the PSUs. ( 3 )The sales of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c) entered into on March 1, 2021. ( 4 )The 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 Reporting Person undertakes to provide to 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. ( 5 )Sales prices range from $341.72 to $342.68 per share, inclusive. ( 6 )Sales prices range from $342.72 to $343.42 per share, inclusive. ( 7 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 2,650 shares exercisable from and after January 1, 2023; 2,650 shares exercisable from and after January 1, 2024; and 2,651 shares exercisable from and after January 1, 2025. ( 8 )Not applicable. ( 9 )Assuming continued employment, these Restricted Stock Units ("RSUs") will vest and be paid out as follows: 685 on November 1, 2022; 686 on November 1, 2023; and 686 on November 1, 2024. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. 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.

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).

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