Edgar Filing: 1992 GRAT REMAINDER TRUST FBO WILLIAM LAUDER

Ownership Submission

FORM 4

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 OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

1992 GRAT REMAINDER TRUST FBO WILLIAM LAUDER

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)	__X__ Other (specify below)
Trust with Insider Trustee

(Last)

(First)

(Middle)

C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE

3. Date of Earliest Transaction (Month/Day/Year)
11/16/2017

(Street)

NEW YORK, NY 10153

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/16/2017		S		125,000 ⁽¹⁾	D	$ 125.87 ⁽¹⁾ ⁽²⁾	1,016,351	D ⁽⁷⁾ ⁽⁸⁾ ⁽⁹⁾
Class A Common Stock	11/17/2017		S		257,644 ⁽¹⁾	D	$ 125.14 ⁽¹⁾ ⁽³⁾	758,707	D ⁽⁷⁾ ⁽⁸⁾ ⁽⁹⁾
Class A Common Stock	11/17/2017		S		12,356 ⁽¹⁾	D	$ 125.86 ⁽¹⁾ ⁽⁴⁾	746,351	D ⁽⁷⁾ ⁽⁸⁾ ⁽⁹⁾
Class A Common Stock	11/20/2017		S		112,603 ⁽¹⁾	D	$ 125.64 ⁽¹⁾ ⁽⁵⁾	633,748	D ⁽⁷⁾ ⁽⁸⁾ ⁽⁹⁾
Class A Common Stock	11/20/2017		S		62,397 ⁽¹⁾	D	$ 126.23 ⁽¹⁾ ⁽⁶⁾	571,351	D ⁽⁷⁾ ⁽⁸⁾ ⁽⁹⁾
Class A Common Stock								68,550	D ⁽¹⁰⁾
Class A Common Stock								10,468	I ⁽¹¹⁾	by children of WPL

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
1992 GRAT REMAINDER TRUST FBO WILLIAM LAUDER C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE NEW YORK, NY 10153		X		Trust with Insider Trustee
Lauder William P C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE NEW YORK, NY 10153	X	X	Executive Chairman
LAUDER GARY M C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE NEW YORK, NY 10153		X

Signatures

1992 GRAT Remainder Trust f/b/o William P. Lauder, by Spencer G. Smul, Attorney-in-fact		11/20/2017
^**Signature of Reporting Person		Date
William P. Lauder, by Spencer G. Smul, Attorney-in-fact		11/20/2017
^**Signature of Reporting Person		Date
Gary M. Lauder, by Spencer G. Smul, Attorney-in-fact		11/20/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	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 WPL GRAT Remainder Trust 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.
(2)	Sales prices in the range from $125.55 to $126.40 per share, inclusive.
(3)	Sales prices in the range from $124.80 to $125.79 per share, inclusive.
(4)	Sales prices in the range from $125.80 to $126.11 per share, inclusive.
(5)	Sales prices in the range from $125.04 to $126.02 per share, inclusive.
(6)	Sales prices in the range from $126.03 to $126.46 per share, inclusive.
(7)	Owned by WPL GRAT Remainder Trust directly. Owned by each of William P. Lauder (WPL) and Gary M. Lauder (GML), indirectly, as a trustee of the WPL GRAT Remainder Trust.
(8)	WPL disclaims beneficial ownership to the extent that he does not have a pecuniary interest in such securities.
(9)	GML disclaims beneficial ownership to the extent that he does not have a pecuniary interest in such securities.
(10)	Owned by WPL directly.
(11)	Owned by WPL indirectly, in custody for his children.

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