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COTY INC. — Director's Dealing 2019
Feb 21, 2019
6520_dirs_2019-02-20_e9aaac6c-3dbe-4cac-83bd-22b0004b4d2a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COTY INC. (COTY)
CIK: 0001024305
Period of Report: 2019-02-15
Reporting Person: Terisse Pierre-Andre (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-15 | Stock Option (right to buy) | $11.08 | A | 676893 | Acquired | 2029-02-15 | Class A common stock (676893.0) | Direct |
| 2019-02-15 | Restricted Stock Units | $ | A | 191082 | Acquired | Class A common stock (191082.0) | Direct |
Footnotes
F1: Represents a matching Stock Option granted to the Reporting Person in connection with the Elite Program under the Issuer's Equity and Long-Term Incentive Plan. If at any time starting on February 15, 2020 through February 15, 2024, the Reporting Person owns fewer than 225,631 shares of Class A Common Stock but more than 135,379, a pro rata portion of the matching Stock Option will be forfeited. If at any time starting on February 15, 2020 through February 15, 2024, the Reporting Person owns fewer than 135,379, the entire matching Stock Option will be forfeited.
F2: Upon vesting, each Restricted Stock Unit settles for one share of Class A Common Stock of the Issuer. Subject to certain vesting conditions and exceptions, the Restricted Stock Units vest as follows: 60% on February 15, 2022, 20% on February 15, 2023 and 20% on February 15, 2024.