EL

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 9

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,540

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 8

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,639

F1 · price: 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 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.

F4 · price: Sales prices range from $171.02 to $171.84 per share, inclusive.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 7

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,386

F1 · price: 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 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.

F3 · price: Sales prices range from $170.01 to $170.99 per share, inclusive.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 6

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,489

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 5

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,115

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 4

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,143

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000042 · edgar.xml · derivative · entry 11

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,603

Underlying: Class A Common Stock · 2,094 shares

Expires 2026-11-11

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: Stock Options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F6 · price: Not applicable.

SEC source: 0001001250-19-000042 · edgar.xml · derivative · entry 10

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 2,906 shares

Expires 2027-11-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: Stock Options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F6 · price: Not applicable.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 3

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,540

F1 · price: 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 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.

F2 · price: Sales prices range from $170.00 to $170.40 per share, inclusive.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 2

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,540

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000042 · edgar.xml · nonDerivative · entry 1

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,446

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000041 · edgar.xml · derivative · entry 3

Polcer Gregory · CIK 0001441645 · EVP - Global Supply Chain

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 28,036 shares

Expires 2025-09-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: Not applicable.

F1 · derivative.exercise_date: Stock Options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 9,345 shares exercisable from and after January 1, 2017; 9,345 shares exercisable from and after January 1, 2018; 9,346 shares exercisable from and after January 1, 2019.

SEC source: 0001001250-19-000041 · edgar.xml · nonDerivative · entry 2

Polcer Gregory · CIK 0001441645 · EVP - Global Supply Chain

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,314

F2 · kind: The sales of the shares of Class A Common Stock were made pursuant to a Rule 10b5-1(c) trading plan entered into on November 29, 2018.

SEC source: 0001001250-19-000041 · edgar.xml · nonDerivative · entry 1

Polcer Gregory · CIK 0001441645 · EVP - Global Supply Chain

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,350

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Stock Options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of 9,345 shares exercisable from and after January 1, 2017; 9,345 shares exercisable from and after January 1, 2018; 9,346 shares exercisable from and after January 1, 2019.

SEC source: 0001001250-19-000032 · edgar.xml · derivative · entry 1

Christianson Wei Sun · CIK 0001514187 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,199.64

Underlying: Class A Common Stock · 21.6 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000040 · edgar.xml · derivative · entry 1

ZANNINO RICHARD F · CIK 0001189770 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,020.02

Underlying: Class A Common Stock · 23.77 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000039 · edgar.xml · derivative · entry 1

Tejada Jennifer · CIK 0001736979 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 565.75

Underlying: Class A Common Stock · 1.49 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as director of the Company.

SEC source: 0001001250-19-000038 · edgar.xml · derivative · entry 2

STERNLICHT BARRY S · CIK 0001034657 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,612.34

Underlying: Class A Common Stock · 101.75 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000038 · edgar.xml · derivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,594.76

Underlying: Class A Common Stock · 35.82 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000036 · edgar.xml · derivative · entry 2

PARSONS RICHARD D · CIK 0001008086 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · as Co-Trustee for the Rebecca L. Parsons 2012 Trust

Disclosed balance after: 5,828.83

Underlying: Class A Common Stock · 15.36 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000036 · edgar.xml · derivative · entry 1

PARSONS RICHARD D · CIK 0001008086 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,242.36

Underlying: Class A Common Stock · 29.62 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000037 · edgar.xml · derivative · entry 2

FORESTER LYNN · CIK 0001050985 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,868.64

Underlying: Class A Common Stock · 178.85 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000037 · edgar.xml · derivative · entry 1

FORESTER LYNN · CIK 0001050985 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,891.68

Underlying: Class A Common Stock · 47.14 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000035 · edgar.xml · derivative · entry 1

Hyman Jennifer · CIK 0001737388 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 565.75

Underlying: Class A Common Stock · 1.49 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000033 · edgar.xml · derivative · entry 2

FRIBOURG PAUL J · CIK 0001070938 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,127.55

Underlying: Class A Common Stock · 84.67 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000033 · edgar.xml · derivative · entry 1

FRIBOURG PAUL J · CIK 0001070938 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,787.11

Underlying: Class A Common Stock · 25.79 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000034 · edgar.xml · derivative · entry 2

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,264.06

Underlying: Class A Common Stock · 203.61 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the company.

F3 · derivative.expiration_date: The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the company.

SEC source: 0001001250-19-000034 · edgar.xml · derivative · entry 1

Hockaday Irvine O Jr · CIK 0001113487 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,721.44

Underlying: Class A Common Stock · 57.24 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the company.

F3 · derivative.expiration_date: The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the company.

SEC source: 0001001250-19-000031 · edgar.xml · derivative · entry 1

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,528.18

Underlying: Class A Common Stock · 38.28 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001001250-19-000030 · edgar.xml · derivative · entry 1

BARSHEFSKY CHARLENE · CIK 0001145766 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,111.69

Underlying: Class A Common Stock · 47.72 shares

Expires not disclosed

F1 · derivative.exercise_price: Not applicable.

F2 · kind: Represents reinvestment of dividend equivalents on outstanding stock units.

F3 · derivative.exercise_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

F3 · derivative.expiration_date: The Stock Units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

SEC source: 0001144204-19-013294 · tv515936_4.xml · derivative · entry 2

LAUDER RONALD S · CIK 0000942617 · Director · Chairman, Clinique Labs, LLC · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,000,000

Underlying: Class A Common Stock · 2,000,000 shares

Expires 2020-03-11

F1 · derivative.exercise_price: On September 10, 2018, the reporting person entered into an amended prepaid variable forward sale contract (the "Prior Contract") with an unaffiliated third party buyer. On March 11, 2019, the reporting person amended the Prior Contract (the "Amended Contract") which extended the maturity date on the outstanding prepaid variable forward contract from May 21, 2019 to March 11, 2020. The contract obligates the reporting person to deliver to the buyer up to 2,000,000 shares of EL Class A Common Stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of EL Class A Common Stock at the time) following the maturity date of the contract subject to acceleration.

F2 · derivative.exercise_price: In exchange for assuming this obligation under the original prepaid variable forward sale contract in June 2011, the reporting person received a cash payment at that time. No payments were made by either party in connection with the Amended Contract. The reporting person has pledged 2,000,000 shares of EL Class B Common Stock (the "Pledged Shares") to secure his obligations under the Amended Contract, but retained voting and certain dividend rights in the Pledged Shares during the term of the pledge but the reporting person is required to make a cash payment upon the occurrence of certain dividends that may be declared prior to the maturity date.

F3 · derivative.exercise_price: Under the Amended Contract, the number of shares of EL Class A Common Stock to be delivered to the buyer at settlement will be based on the following formula, which references a settlement price that will be determined by the arithmetic mean of the closing prices of EL Class A Common Stock on each of the five trading days up to, and including, the maturity date (the "Settlement Price"): (A) if the Settlement Price is less than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver 2,000,000 shares; (B) if the Settlement Price is less than $175.25 (amended from $150.00 under the Prior Contract), but equal to or greater than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio of (i) $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) the Settlement Price;

F4 · derivative.exercise_price: and (C) if the Settlement Price is equal to or greater than $175.25 (amended from $150.00 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio equal to one minus (i) the difference between $175.25 (amended from $150.00 under the Prior Contract) and $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) Settlement Price, subject in each case to adjustment upon the occurrence of certain corporate events applicable to the EL Class A Common Stock. The number of shares of EL Class A Common Stock to be delivered and the number of Pledged Shares are also subject to adjustment in such event.

F1 · kind: On September 10, 2018, the reporting person entered into an amended prepaid variable forward sale contract (the "Prior Contract") with an unaffiliated third party buyer. On March 11, 2019, the reporting person amended the Prior Contract (the "Amended Contract") which extended the maturity date on the outstanding prepaid variable forward contract from May 21, 2019 to March 11, 2020. The contract obligates the reporting person to deliver to the buyer up to 2,000,000 shares of EL Class A Common Stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of EL Class A Common Stock at the time) following the maturity date of the contract subject to acceleration.

F2 · kind: In exchange for assuming this obligation under the original prepaid variable forward sale contract in June 2011, the reporting person received a cash payment at that time. No payments were made by either party in connection with the Amended Contract. The reporting person has pledged 2,000,000 shares of EL Class B Common Stock (the "Pledged Shares") to secure his obligations under the Amended Contract, but retained voting and certain dividend rights in the Pledged Shares during the term of the pledge but the reporting person is required to make a cash payment upon the occurrence of certain dividends that may be declared prior to the maturity date.

F3 · kind: Under the Amended Contract, the number of shares of EL Class A Common Stock to be delivered to the buyer at settlement will be based on the following formula, which references a settlement price that will be determined by the arithmetic mean of the closing prices of EL Class A Common Stock on each of the five trading days up to, and including, the maturity date (the "Settlement Price"): (A) if the Settlement Price is less than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver 2,000,000 shares; (B) if the Settlement Price is less than $175.25 (amended from $150.00 under the Prior Contract), but equal to or greater than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio of (i) $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) the Settlement Price;

F4 · kind: and (C) if the Settlement Price is equal to or greater than $175.25 (amended from $150.00 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio equal to one minus (i) the difference between $175.25 (amended from $150.00 under the Prior Contract) and $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) Settlement Price, subject in each case to adjustment upon the occurrence of certain corporate events applicable to the EL Class A Common Stock. The number of shares of EL Class A Common Stock to be delivered and the number of Pledged Shares are also subject to adjustment in such event.

F1 · price: On September 10, 2018, the reporting person entered into an amended prepaid variable forward sale contract (the "Prior Contract") with an unaffiliated third party buyer. On March 11, 2019, the reporting person amended the Prior Contract (the "Amended Contract") which extended the maturity date on the outstanding prepaid variable forward contract from May 21, 2019 to March 11, 2020. The contract obligates the reporting person to deliver to the buyer up to 2,000,000 shares of EL Class A Common Stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of EL Class A Common Stock at the time) following the maturity date of the contract subject to acceleration.

F2 · price: In exchange for assuming this obligation under the original prepaid variable forward sale contract in June 2011, the reporting person received a cash payment at that time. No payments were made by either party in connection with the Amended Contract. The reporting person has pledged 2,000,000 shares of EL Class B Common Stock (the "Pledged Shares") to secure his obligations under the Amended Contract, but retained voting and certain dividend rights in the Pledged Shares during the term of the pledge but the reporting person is required to make a cash payment upon the occurrence of certain dividends that may be declared prior to the maturity date.

F3 · price: Under the Amended Contract, the number of shares of EL Class A Common Stock to be delivered to the buyer at settlement will be based on the following formula, which references a settlement price that will be determined by the arithmetic mean of the closing prices of EL Class A Common Stock on each of the five trading days up to, and including, the maturity date (the "Settlement Price"): (A) if the Settlement Price is less than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver 2,000,000 shares; (B) if the Settlement Price is less than $175.25 (amended from $150.00 under the Prior Contract), but equal to or greater than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio of (i) $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) the Settlement Price;

F4 · price: and (C) if the Settlement Price is equal to or greater than $175.25 (amended from $150.00 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio equal to one minus (i) the difference between $175.25 (amended from $150.00 under the Prior Contract) and $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) Settlement Price, subject in each case to adjustment upon the occurrence of certain corporate events applicable to the EL Class A Common Stock. The number of shares of EL Class A Common Stock to be delivered and the number of Pledged Shares are also subject to adjustment in such event.

SEC source: 0001144204-19-013294 · tv515936_4.xml · derivative · entry 1

LAUDER RONALD S · CIK 0000942617 · Director · Chairman, Clinique Labs, LLC · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 2,000,000 shares

Expires 2019-05-21

F1 · derivative.exercise_price: On September 10, 2018, the reporting person entered into an amended prepaid variable forward sale contract (the "Prior Contract") with an unaffiliated third party buyer. On March 11, 2019, the reporting person amended the Prior Contract (the "Amended Contract") which extended the maturity date on the outstanding prepaid variable forward contract from May 21, 2019 to March 11, 2020. The contract obligates the reporting person to deliver to the buyer up to 2,000,000 shares of EL Class A Common Stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of EL Class A Common Stock at the time) following the maturity date of the contract subject to acceleration.

F2 · derivative.exercise_price: In exchange for assuming this obligation under the original prepaid variable forward sale contract in June 2011, the reporting person received a cash payment at that time. No payments were made by either party in connection with the Amended Contract. The reporting person has pledged 2,000,000 shares of EL Class B Common Stock (the "Pledged Shares") to secure his obligations under the Amended Contract, but retained voting and certain dividend rights in the Pledged Shares during the term of the pledge but the reporting person is required to make a cash payment upon the occurrence of certain dividends that may be declared prior to the maturity date.

F3 · derivative.exercise_price: Under the Amended Contract, the number of shares of EL Class A Common Stock to be delivered to the buyer at settlement will be based on the following formula, which references a settlement price that will be determined by the arithmetic mean of the closing prices of EL Class A Common Stock on each of the five trading days up to, and including, the maturity date (the "Settlement Price"): (A) if the Settlement Price is less than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver 2,000,000 shares; (B) if the Settlement Price is less than $175.25 (amended from $150.00 under the Prior Contract), but equal to or greater than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio of (i) $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) the Settlement Price;

F4 · derivative.exercise_price: and (C) if the Settlement Price is equal to or greater than $175.25 (amended from $150.00 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio equal to one minus (i) the difference between $175.25 (amended from $150.00 under the Prior Contract) and $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) Settlement Price, subject in each case to adjustment upon the occurrence of certain corporate events applicable to the EL Class A Common Stock. The number of shares of EL Class A Common Stock to be delivered and the number of Pledged Shares are also subject to adjustment in such event.

F1 · kind: On September 10, 2018, the reporting person entered into an amended prepaid variable forward sale contract (the "Prior Contract") with an unaffiliated third party buyer. On March 11, 2019, the reporting person amended the Prior Contract (the "Amended Contract") which extended the maturity date on the outstanding prepaid variable forward contract from May 21, 2019 to March 11, 2020. The contract obligates the reporting person to deliver to the buyer up to 2,000,000 shares of EL Class A Common Stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of EL Class A Common Stock at the time) following the maturity date of the contract subject to acceleration.

F2 · kind: In exchange for assuming this obligation under the original prepaid variable forward sale contract in June 2011, the reporting person received a cash payment at that time. No payments were made by either party in connection with the Amended Contract. The reporting person has pledged 2,000,000 shares of EL Class B Common Stock (the "Pledged Shares") to secure his obligations under the Amended Contract, but retained voting and certain dividend rights in the Pledged Shares during the term of the pledge but the reporting person is required to make a cash payment upon the occurrence of certain dividends that may be declared prior to the maturity date.

F3 · kind: Under the Amended Contract, the number of shares of EL Class A Common Stock to be delivered to the buyer at settlement will be based on the following formula, which references a settlement price that will be determined by the arithmetic mean of the closing prices of EL Class A Common Stock on each of the five trading days up to, and including, the maturity date (the "Settlement Price"): (A) if the Settlement Price is less than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver 2,000,000 shares; (B) if the Settlement Price is less than $175.25 (amended from $150.00 under the Prior Contract), but equal to or greater than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio of (i) $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) the Settlement Price;

F4 · kind: and (C) if the Settlement Price is equal to or greater than $175.25 (amended from $150.00 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio equal to one minus (i) the difference between $175.25 (amended from $150.00 under the Prior Contract) and $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) Settlement Price, subject in each case to adjustment upon the occurrence of certain corporate events applicable to the EL Class A Common Stock. The number of shares of EL Class A Common Stock to be delivered and the number of Pledged Shares are also subject to adjustment in such event.

F1 · price: On September 10, 2018, the reporting person entered into an amended prepaid variable forward sale contract (the "Prior Contract") with an unaffiliated third party buyer. On March 11, 2019, the reporting person amended the Prior Contract (the "Amended Contract") which extended the maturity date on the outstanding prepaid variable forward contract from May 21, 2019 to March 11, 2020. The contract obligates the reporting person to deliver to the buyer up to 2,000,000 shares of EL Class A Common Stock (or, at the reporting person's election, an equivalent amount of cash based on the market price of EL Class A Common Stock at the time) following the maturity date of the contract subject to acceleration.

F2 · price: In exchange for assuming this obligation under the original prepaid variable forward sale contract in June 2011, the reporting person received a cash payment at that time. No payments were made by either party in connection with the Amended Contract. The reporting person has pledged 2,000,000 shares of EL Class B Common Stock (the "Pledged Shares") to secure his obligations under the Amended Contract, but retained voting and certain dividend rights in the Pledged Shares during the term of the pledge but the reporting person is required to make a cash payment upon the occurrence of certain dividends that may be declared prior to the maturity date.

F3 · price: Under the Amended Contract, the number of shares of EL Class A Common Stock to be delivered to the buyer at settlement will be based on the following formula, which references a settlement price that will be determined by the arithmetic mean of the closing prices of EL Class A Common Stock on each of the five trading days up to, and including, the maturity date (the "Settlement Price"): (A) if the Settlement Price is less than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver 2,000,000 shares; (B) if the Settlement Price is less than $175.25 (amended from $150.00 under the Prior Contract), but equal to or greater than $159.50 (amended from $138.75 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio of (i) $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) the Settlement Price;

F4 · price: and (C) if the Settlement Price is equal to or greater than $175.25 (amended from $150.00 under the Prior Contract), the reporting person will deliver a number of shares equal to 2,000,000 multiplied by a ratio equal to one minus (i) the difference between $175.25 (amended from $150.00 under the Prior Contract) and $159.50 (amended from $138.75 under the Prior Contract) divided by (ii) Settlement Price, subject in each case to adjustment upon the occurrence of certain corporate events applicable to the EL Class A Common Stock. The number of shares of EL Class A Common Stock to be delivered and the number of Pledged Shares are also subject to adjustment in such event.

SEC source: 0001001250-19-000029 · edgar.xml · derivative · entry 7

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 3,972 shares

Expires 2025-11-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Stock options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F4 · price: Not applicable.

SEC source: 0001001250-19-000029 · edgar.xml · derivative · entry 6

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 4,374 shares

Expires 2024-11-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Stock options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F4 · price: Not applicable.

SEC source: 0001001250-19-000029 · edgar.xml · derivative · entry 5

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 3,813 shares

Expires 2023-11-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Stock options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F4 · price: Not applicable.

SEC source: 0001001250-19-000029 · edgar.xml · nonDerivative · entry 4

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,000

F1 · price: 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.

F2 · price: Sales prices range from $157.32 to $158.00 per share, inclusive.

SEC source: 0001001250-19-000029 · edgar.xml · nonDerivative · entry 3

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,159

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000029 · edgar.xml · nonDerivative · entry 2

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,187

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000029 · edgar.xml · nonDerivative · entry 1

BRAVO ROSE MARIE · CIK 0001184314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,813

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001001250-19-000028 · edgar.xml · nonDerivative · entry 3

Trower Alexandra C. · CIK 0001432251 · EVP - Global Communications

10b5-1 filing: Not disclosed

Ownership: Indirect · Through a revocable trust for the Reporting Person.

Disclosed balance after: 15,640

F2 · shares: 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.

F2 · price: 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.

F3 · price: Sales prices range from $158.47 to $159.02 per share, inclusive.

SEC source: 0001001250-19-000028 · edgar.xml · nonDerivative · entry 2

Trower Alexandra C. · CIK 0001432251 · EVP - Global Communications

10b5-1 filing: Not disclosed

Ownership: Indirect · Through a revocable trust for the Reporting Person.

Disclosed balance after: 40,936

F1 · price: Not applicable.

SEC source: 0001001250-19-000028 · edgar.xml · nonDerivative · entry 1

Trower Alexandra C. · CIK 0001432251 · EVP - Global Communications

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · price: Not applicable.

SEC source: 0001001250-19-000026 · edgar.xml · nonDerivative · entry 6

LAL FAMILY PARTNERS LP · CIK 0001008092 · 10% owner

LAL FAMILY CORP · CIK 0001008093 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: Sold by by LAL Family Partners, L.P. ("LALFP").

F2 · shares: 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 the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by such Reporting Person at each separate price within the range.

F2 · price: 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 the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by such Reporting Person at each separate price within the range.

F9 · price: Sales prices range from $157.85 to $158.15 per share, inclusive.

F4 · ownership.direct: Owned directly by LALFP. The sole general partner of LALFP is LAL Family Corporation ("LALFC"). LALFC indirectly beneficially owns all shares of Class A Common Stock owned by LALFP, to the extent of its pecuniary interest.

SEC source: 0001001250-19-000026 · edgar.xml · nonDerivative · entry 5

LAL FAMILY PARTNERS LP · CIK 0001008092 · 10% owner

LAL FAMILY CORP · CIK 0001008093 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,655

F1 · kind: Sold by by LAL Family Partners, L.P. ("LALFP").

F2 · shares: 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 the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by such Reporting Person at each separate price within the range.

F2 · price: 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 the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by such Reporting Person at each separate price within the range.

F8 · price: Sales prices range from $156.85 to $157.84 per share, inclusive.

F4 · ownership.direct: Owned directly by LALFP. The sole general partner of LALFP is LAL Family Corporation ("LALFC"). LALFC indirectly beneficially owns all shares of Class A Common Stock owned by LALFP, to the extent of its pecuniary interest.

SEC source: 0001001250-19-000026 · edgar.xml · nonDerivative · entry 4

LAL FAMILY PARTNERS LP · CIK 0001008092 · 10% owner

LAL FAMILY CORP · CIK 0001008093 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,307

F1 · kind: Sold by by LAL Family Partners, L.P. ("LALFP").

F2 · shares: 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 the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by such Reporting Person at each separate price within the range.

F2 · price: 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 the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by such Reporting Person at each separate price within the range.

F7 · price: Sales prices range from $155.85 to $156.84 per share, inclusive.

F4 · ownership.direct: Owned directly by LALFP. The sole general partner of LALFP is LAL Family Corporation ("LALFC"). LALFC indirectly beneficially owns all shares of Class A Common Stock owned by LALFP, to the extent of its pecuniary interest.

SEC source: 0001001250-19-000027 · edgar.xml · nonDerivative · entry 1

Lauder William P · CIK 0001008082 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: 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.

F1 · price: 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.

F2 · price: Sales prices range from $156.24 to $156.67 per share, inclusive.

SEC source: 0001001250-19-000025 · edgar.xml · derivative · entry 5

FRIBOURG PAUL J · CIK 0001070938 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 2,906 shares

Expires 2027-11-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Stock Options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F2 · price: Not Applicable.

SEC source: 0001001250-19-000025 · edgar.xml · derivative · entry 4

FRIBOURG PAUL J · CIK 0001070938 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 3,097 shares

Expires 2026-11-11

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Stock Options granted pursuant to the Issuer's Non-Employee Director Share Incentive Plan.

F2 · price: Not Applicable.

SEC source: 0001001250-19-000025 · edgar.xml · nonDerivative · entry 3

FRIBOURG PAUL J · CIK 0001070938 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,000

SEC source: 0001001250-19-000025 · edgar.xml · nonDerivative · entry 2

FRIBOURG PAUL J · CIK 0001070938 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,003

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.