Gordon von Bretten - 19 Oct 2023 Form 4 Insider Report for COTY INC. (COTY)

Role
Chief Transformation Officer
Signature
/s/ Christina Kiely Attorney-in-fact
Issuer symbol
COTY
Transactions as of
19 Oct 2023
Net transactions value
$0
Form type
4
Filing time
23 Oct 2023, 18:16:47 UTC
Previous filing
25 Sep 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COTY Class A common stock Options Exercise +275,428 +42% 931,651 19 Oct 2023 Direct F1
transaction COTY Class A common stock Tax liability -130,141 -14% 801,510 19 Oct 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COTY Restricted Stock Award Options Exercise -275,428 -40% 421,450 19 Oct 2023 Class A common stock 275,428 Direct F1
transaction COTY Restricted Stock Award Award +301,142 +71% 722,592 19 Oct 2023 Class A common stock 301,142 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each Restricted Stock Award 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 awards 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 Award settles for one share of Class A Common Stock of the Issuer. Subject to certain vesting conditions and exceptions, the Restricted Stock Awards vest as follows: 1/3 on October 19, 2024, 1/3 on October 19, 2025 and 1/3 on October 19, 2026.