LAUDER JANE sold EL
December 8, 2023 · Form 4 insider transaction
LAUDER JANE sold 10 shares of The Estée Lauder Companies Inc., a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 175 days after the transaction.
Footnotes
There is no exercise or conversion price for the Class B Common Stock. Share of Class B Common Stock (1) may be converted immediately on a one-for-one basis by the holder into shares of Class A Common Stock and (ii) are automatically converted into Class A Common Stock on a one-for-one basis upon transfer to a person or entity that is not a "Permitted Transferee" (as defined in Issuer's Restated Certificate of Incorporation) or soon after a record date for a meeting of stockholders where the outstanding Class B Common Stock constitutes less than 10% of the outstanding shares of Common Stock of the Issuer.; JAL 2003 Trust transferred the shares to Jane Lauder for no consideration.; Not applicable.