Sec Form 3 Filing - JUEPTNER PETER @ ESTEE LAUDER COMPANIES INC - 2022-06-16

FORM 3 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 JUEPTNER PETER 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) President, International (Last) (First) (Middle) C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 06/16/2022 (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

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) $ 76.23 ( 1 ) 09/03/2024 Class A Common Stock 12,786 D Option (right to buy) $ 77.35 ( 2 ) 09/04/2025 Class A Common Stock 15,238 D Option (right to buy) $ 89.47 ( 3 ) 09/06/2026 Class A Common Stock 17,128 D Option (right to buy) $ 107.95 ( 4 ) 09/05/2027 Class A Common Stock 14,592 D Option (right to buy) $ 138.15 ( 5 ) 09/04/2028 Class A Common Stock 9,982 D Option (right to buy) $ 199.49 ( 6 ) 09/03/2029 Class A Common Stock 7,661 D Option (right to buy) $ 218.06 ( 7 ) 09/03/2030 Class A Common Stock 8,217 D Option (right to buy) $ 344.06 ( 8 ) 09/02/2031 Class A Common Stock 4,936 D Restricted Stock Units (Share Payout)( 9 ) ( 11 ) 11/01/2022( 10 ) 11/01/2022( 10 ) Class A Common Stock 646 D Restricted Stock Units (Share Payout)( 9 ) ( 11 ) 11/01/2022( 12 ) 11/01/2022( 12 ) Class A Common Stock 2,507 D Restricted Stock Units (Share Payout)( 9 ) ( 11 ) 11/01/2022( 13 ) 11/01/2023( 13 ) Class A Common Stock 1,344 D Restricted Stock Units (Share Payout)( 9 ) ( 11 ) 11/01/2022( 14 ) 11/01/2024( 14 ) Class A Common Stock 1,216 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other JUEPTNER PETER C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE NEW YORK, NY10153 President, International Signatures Peter Jueptner, by Maureen Sladek, attorney-in-fact 06/16/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 4,262 shares exercisable from and after January 1, 2016; 4,262 shares exercisable from and after January 1, 2017; and 4,262 shares exercisable from and after January 1, 2018. ( 2 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 5,079 shares exercisable from and after January 1, 2017; 5,079 shares exercisable from and after January 1, 2018; and 5,080 shares exercisable from and after January 1, 2019. ( 3 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 5,709 shares exercisable from and after January 1, 2018; 5,709 shares exercisable from and after January 1, 2019; and 5,710 shares exercisable from and after January 1, 2020. ( 4 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 4,864 shares exercisable from and after January 1, 2019; 4,864 shares exercisable from and after January 1, 2020; and 4,864 shares exercisable from and after January 1, 2021. ( 5 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 3,327 shares exercisable from and after January 1, 2020; 3,327 shares exercisable from and after January 1, 2021; and 3,328 shares exercisable from and after January 1, 2022. ( 6 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 2,553 shares exercisable from and after January 1, 2021; 2,554 shares exercisable from and after January 1, 2022; and 2,554 shares exercisable from and after January 1, 2023. ( 7 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 2,738 shares exercisable from and after January 1, 2022; 2,739 shares exercisable from and after January 1, 2023; and 2,740 shares exercisable from and after January 1, 2024. ( 8 )Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 1,645 shares exercisable from and after January 1, 2023; 1,645 shares exercisable from and after January 1, 2024; and 1,645 shares exercisable from and after January 1, 2025. ( 9 )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. These RSUs, awarded to the Reporting Person prior to designation as a Section 16 Insider, have dividend rights pursuant to which shares earned will be payable at the time of the payout of the related shares. ( 10 )RSUs from annual grant dated September 3, 2019. Assuming continued employment, RSUs will vest and be paid out as follows: 646 on November 1, 2022. ( 11 )Not applicable. ( 12 )RSUs from non-annual grant dated September 3, 2019. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,507 on November 1, 2022. ( 13 )RSUs from annual grant dated September 3, 2020. Assuming continued employment, RSUs will vest and be paid out as follows: 672 on November 1, 2022; and 672 on November 1, 2023. ( 14 )RSUs from annual grant dated September 2, 2021. Assuming continued employment, RSUs will vest and be paid out as follows: 405 on November 1, 2022; 405 on November 1, 2023; and 406 on November 1, 2024.

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).

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