Zinterhofer Aerin Lauder Trust U/a/d 4/24/00 Form 4 ESTEE LAUDER COMPANIES / AERIN LAUDER ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

ZINTERHOFER AERIN LAUDER TRUST U/A/D 4/24/00

(Last) (First) (Middle)

C/O RICHARD D. PARSONS

PROVIDENCE EQUITY, 31 W. 52ND ST.,

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

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	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/07/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	06/07/2021		C		675,000	A	(1)	675,000	D(2)
Class A Common Stock	06/08/2021		S		64,021(3)	D	$300.72(3)(4)	610,979	D(2)
Class A Common Stock	06/08/2021		S		80,093(3)	D	$301.51(1)(3)(5)	530,886	D(2)
Class A Common Stock	06/08/2021		S		11,345(3)	D	$302.52(1)(3)(6)	519,541	D(2)
Class A Common Stock	06/08/2021		S		14,541(3)	D	$303.64(1)(3)(7)	505,000	D(2)
Class A Common Stock								1,692(8)	D(8)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Class B Common Stock	$0(1)	06/07/2021		C		675,000		(1)	(1)	Class A Common Stock	675,000	$0(1)	7,708,916	D(2)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	1,675,000		1,675,000	D(8)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	4,910,594		4,910,594	D(9)

1. Name and Address of Reporting Person^*

ZINTERHOFER AERIN LAUDER TRUST U/A/D 4/24/00

(Last) (First) (Middle)

C/O RICHARD D. PARSONS

PROVIDENCE EQUITY, 31 W. 52ND ST.,

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

TRUST UNDER ARTICLE 2 OF THE ZINTERHOFER 2008 DESCENDANTS TRUST AGREEMENT

(Last) (First) (Middle)

C/O AERIN LAUDER

767 FIFTH AVENUE

(Street)

NEW YORK NY 10153

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

LAUDER AERIN

(Last) (First) (Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK NY 10153

(City) (State) (Zip)

Explanation of Responses:

1. Shares of Class B Common Stock may be converted immediately into Class A Common Stock on a one-for-one basis by the holder and 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" 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.

2. Owned by the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000 (the "ALZ 2000 Trust") directly; owned indirectly by Aerin Lauder as Grantor and beneficial owner of the ALZ 2000 Trust.

3. 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.

4. Sales prices range from $300.00 to $300.99 per share, inclusive.

5. Sales prices range from $301.00 to $301.95 per share, inclusive.

6. Sales prices range from $302.00 to $302.91 per share, inclusive.

7. Sales prices range from $303.18 to $304.13 per share, inclusive.

8. Owned directly by Aerin Lauder.

9. Owned directly by the Trust under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement u/a/d December 24, 2008 (the "2008 Descendants Trust"). Owned indirectly by Aerin Lauder Zinterhofer and Jane Lauder as trustees of the 2008 Descendants Trust. Aerin Lauder Zinterhofer disclaims beneficial ownership to the extent that she does not have a pecuniary interest in such securities. Jane Lauder disclaims beneficial ownership to the extent that she does not have a pecuniary interest in such securities.

Remarks:

* The full name of the Reporting Person is the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000.

	Richard D. Parsons, Trustee, ALZ 2000 Trust, by Maureen Sladek, attorney-in-fact	06/09/2021
	Aerin Lauder, Trustee, 2008 Descendants Trust, by Maureen Sladek, attorney-in-fact	06/09/2021
	Aerin Lauder, by Maureen Sladek, attorney-in-fact	06/09/2021
	** Signature of Reporting Person	Date
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.