Kristin Blazewicz - Oct 19, 2023 Form 4 Insider Report for COTY INC. (COTY)

Role: Chief Legal Officer
Signature: /s/ Christina Kiely Attorney-in-fact
Stock symbol: COTY
Transactions as of: Oct 19, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/23/2023, 06:20 PM
Previous filing: Sep 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COTY	Class A common stock	Options Exercise		+492K	+137.44%		851K	Oct 19, 2023	Direct	F1
transaction	COTY	Class A common stock	Tax liability		-233K	-27.37%		618K	Oct 19, 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 Units	Options Exercise		-492K	-50.41%		484K	Oct 19, 2023	Class A common stock	492K		Direct	F1
transaction	COTY	Restricted Stock Units	Award		+432K	+89.28%		917K	Oct 19, 2023	Class A common stock	432K		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 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.