0.13%SPY 128.17 
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NEW YORK - The president of Estee Lauder Cos., one of the world's top cosmetics makers, exercised options for 33,333 shares and then sold 38,294 shares of common stock, according to a Securities and Exchange Commission filing Friday.
| EL | 44.4 |  0.71 |
In a Form 4 filed with the SEC, Patrick Bousquet-Chavanne reported he exercised options for $35 apiece Thursday and sold the 38,294 shares for $47.42 to $47.58 apiece Thursday and Friday.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Estee Lauder is based in New York.
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