SEC FORM 4

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^*

1992 GRAT REMAINDER TRUST FBO GARY LAUDER

(Last)

(First)

(Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK

10153

(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)	X	Other (specify below)
		Trust with Insider

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2007

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)
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	11/21/2007		S⁽¹⁾		12,282	D	$42.4432⁽²⁾	270,185	D⁽¹⁾
Class A Common Stock	11/23/2007		S⁽¹⁾		12,282	D	$42.0998⁽²⁾	257,903	D⁽¹⁾
Class A Common Stock	11/26/2007		S⁽¹⁾		12,282	D	$42.3542⁽²⁾	245,621	D⁽¹⁾⁽⁹⁾
Class A Common Stock	11/21/2007		S⁽³⁾		25,000	D	$42.4412⁽⁴⁾	335,400	D⁽³⁾
Class A Common Stock	11/23/2007		S⁽³⁾		25,000	D	$42.0997⁽⁴⁾	310,400	D⁽³⁾
Class A Common Stock	11/26/2007		S⁽³⁾		25,000	D	$42.3544⁽⁴⁾	285,400	D⁽³⁾⁽⁹⁾
Class A Common Stock	11/21/2007		S⁽⁵⁾		12,282	D	$42.4446⁽⁶⁾	270,185	D⁽⁵⁾
Class A Common Stock	11/23/2007		S⁽⁵⁾		12,282	D	$42.0993⁽⁶⁾	257,903	D⁽⁵⁾
Class A Common Stock	11/26/2007		S⁽⁵⁾		12,282	D	$42.3557⁽⁶⁾	245,621	D⁽⁵⁾⁽⁹⁾
Class A Common Stock	11/21/2007		S⁽⁷⁾		5,500	D	$42.5002⁽⁸⁾	511,010	D⁽⁷⁾
Class A Common Stock	11/26/2007		S⁽⁷⁾		60,463	D	$42.5231⁽⁸⁾	450,547	D⁽⁷⁾⁽⁹⁾
Class A Common Stock								5,234	I⁽⁹⁾	By children of William P. Lauder

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

1992 GRAT REMAINDER TRUST FBO GARY LAUDER

(Last)

(First)

(Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK

10153

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)	X	Other (specify below)
		Trust with Insider

1. Name and Address of Reporting Person^*

Lauder William P

(Last)

(First)

(Middle)

THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVE.

(Street)

NEW YORK

10036

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

1. Name and Address of Reporting Person^*

LAUDER GARY M

(Last)

(First)

(Middle)

ICTV INC.

14600 WINCHESTER BLVD.

(Street)

LOS GATOS

95032

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

LAUDER GARY M REVOCABLE TRUST UAD 8/10/2000

(Last)

(First)

(Middle)

ICTV INC.

14600 WINCHESTER BLVD.

(Street)

LOS GATOS

95032

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

1992 GRAT REMAINDER TRUST FBO WILLIAM LAUDER

(Last)

(First)

(Middle)

THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

10153

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)	X	Other (specify below)
		Trust with Insider

Explanation of Responses:

1. The 1992 GRAT Remainder Trust f/b/o Gary M. Lauder sold shares of Class A Common Stock pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on September 5, 2007. The 1992 GRAT Remainder Trust f/b/o Gary M. Lauder also owns 1,343,846 shares of Class B Common Stock.

2. See Exhibit 99.1(a).

3. The GML Revocable Trust sold shares of Class A Common Stock pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on September 5, 2007.

4. See Exhibit 99.1(b).

5. The 1992 GRAT Remainder Trust f/b/o William P. Lauder sold shares of Class A Common Stock pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on September 5, 2007. The 1992 GRAT Remainder Trust f/b/o William P. Lauder also owns 1,914,608 shares of Class B Common Stock.

6. See Exhibit 99.1(c).

7. After the sales on November 21, 2007 and November 26, 2007, William P. Lauder ("WPL") owns 450,547 shares of Class A Stock, and also owns 3,262,800 shares of Class B Common Stock.

8. See Exhibit 99.1(d).

9. See Exhibit 99.1(e).

Remarks:

*The name of this Trust is the Second Amendment and Restatement of the Gary M. Lauder Revocable Trust u/a dated October 6, 2003 (formerly known as the Gary M. Lauder Revocable Trust u/a/d August 10, 2000) (the "GML Revocable Trust").

	William P. Lauder, by Spencer G. Smul, Attorney-in-fact	11/26/2007
	Gary M. Lauder, by Spencer G. Smul, Attorney-in-fact	11/26/2007
	Gary M. Lauder, Trustee, by Spencer G. Smul, Attorney-in-fact	11/26/2007
	William P. Lauder, Trustee, by Spencer G. Smul, Attorney-in-fact	11/26/2007
	Gary M. Lauder, Trustee, by Spencer G. Smul, Attorney-in-fact	11/26/2007
	** 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.