4//SEC Filing
COTY INC. 4
Accession 0001024305-17-000012
$COTYCIK 0001024305operating
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:21 PM ET
Size
6.5 KB
Accession
0001024305-17-000012
Insider Transaction Report
Form 4
COTY INC.COTY
Froidefond Sebastien
SVP of Human Resources
Transactions
- Award
Series A Preferred Stock
2017-02-16$0.01/sh+481,539$4,815→ 481,539 totalExp: 2024-02-16→ Class A common stock
Footnotes (2)
- [F1]Each share of Series A Preferred Stock (the "Series A Shares") may be exchanged for cash or shares of Class A Common Stock ("Class A Shares"), at the Issuer's election, upon the earlier of (i) February 16, 2022, if the Reporting Person is employed with the Issuer; (ii) termination of the Reporting Person's employment as a result of death or disability; or (iii) a termination of the Reporting Person's employment under certain circumstances following a change of control of the Issuer. If at any time starting on November 10, 2017 through February 16, 2022 (or, if earlier, the exchange date), the Reporting Person owns fewer than 160,513 Class A Shares but more than 96,308 Class A Shares, a pro rata portion of Series A Shares will be forfeited. If at any time starting on November 10, 2017 through February 16, 2022 (or, if earlier, the exchange date), the Reporting Person owns fewer than 96,308 Class A Shares, all Series A Shares will be forfeited.
- [F2]The amount of cash or number of shares of Class A Common Stock, at the Issuer's election, received upon exchange will equal the difference between (i) the fair market value of the Class A Common Stock on the date that the Series A Shares are exchanged less (ii) $3.50 plus the fair market value of the Class A Common Stock on the date that the Series A Shares were purchased.
Documents
Issuer
COTY INC.
CIK 0001024305
Entity typeoperating
Related Parties
1- filerCIK 0001024305
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:21 PM ET
- Size
- 6.5 KB