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COTY INC. — Director's Dealing 2023
Oct 24, 2023
6520_dirs_2023-10-23_5760ad7e-6cdc-43e0-859d-7bc872c0bd82.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: 2023-10-19
Reporting Person: Mercier Laurent (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-10-19 | Class A common stock | M | 156745 | — | Acquired | 302157 | Direct |
| 2023-10-19 | Class A common stock | F | 55942 | — | Disposed | 246215 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-10-19 | Restricted Stock Units | $0 | M | 156745 | Disposed | Class A common stock (156745) | Direct | |
| 2023-10-19 | Restricted Stock Units | $0 | A | 559625 | Acquired | Class A common stock (559625) | Direct |
Footnotes
F1: Upon vesting, each Restricted Stock Unit settled for one share of Class A Common Stock of the Issuer.
F2: Represents shares surrendered to the Issuer in connection with the vesting of Restricted Stock Units to satisfy the income tax withholding and remittance obligations of the Reporting Person at a net settlement price equal to the closing price of Class A Common Stock on the New York Stock Exchange on the vesting date and does not represent a sale by the Reporting Person.
F3: 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: 15% on October 19, 2024, 15% on October 19, 2025, 20% on October 19, 2026, 20% on October 19, 2027 and 30% on October 19, 2028.