Lal Family Partners LP's Form 4 filing
Estee Lauder Companies Inc (EL) · filed Nov 18, 2021
- Accession no.
- 0001001250-21-000223
- Filed
- Nov 18, 2021, 4:41 PM ET
- Trade date
- Nov 17, 2021
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $684.5M. It was filed 1 day after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Lal Family Partners LPCIK 0001008092 | 10% Owner |
| Lal Family CorpCIK 0001008093 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 17, 2021 | Class A Common Stock | CConversionAcquired | +2,000,000 | $0.00F1 | $0 | 2,000,000 | Direct | |
| Nov 17, 2021 | Class A Common Stock | SSaleDisposed | −2,000,000 | $342.23 | −$684,460,000 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 17, 2021 | Class A Common Stock | CConversionDisposed | −2,000,000 | $0.00F5 | $0 | 80,437,628 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
LAL Family Partners L.P. ("LALFP") converted shares of Class B Common Stock into an equal number of shares of Class A Common Stock.
Referenced by the price of 1 transaction in Table I.
- F5
Not applicable.
Referenced by the price of 1 transaction in Table II.