Laurent Mercier - Oct 19, 2023 Form 4 Insider Report for COTY INC. (COTY)

Role
Chief Financial 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, 06:21 PM
Previous filing
Sep 25, 2023
Next filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COTY Class A common stock Options Exercise $0 +157K +107.79% $0.00 302K Oct 19, 2023 Direct F1
transaction COTY Class A common stock Tax liability -55.9K -18.51% 246K 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 -157K -35.34% 287K Oct 19, 2023 Class A common stock 157K $0.00 Direct F1
transaction COTY Restricted Stock Units Award +560K +195.11% 846K Oct 19, 2023 Class A common stock 560K $0.00 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.