Pane Camillo 4
4 · COTY INC. · Filed Mar 2, 2018
Insider Transaction Report
Form 4
COTY INC.COTY
Pane Camillo
EVP Category Development
Transactions
- Other
Series A Preferred Stock
2018-02-28−1,645,921→ 0 total→ Class A common stock (1,645,921 underlying)
Footnotes (2)
- [F1]Upon vesting, the Series A Preferred Stock can be exchanged for cash or shares of Class A Common Stock, at the Issuer's election. 645,921 shares of the Series A Preferred Stock vest on April 15, 2020 and expire on April 15, 2022, and 1,000,000 shares of Series A Preferred Stock vest on November 25, 2021 and expire on November 25, 2023, in each case subject to certain vesting conditions and exceptions.
- [F2]On February 28, 2018, the reporting person transferred all shares of Series A Preferred Stock of the Issuer owned by the reporting person to a newly-formed entity (the "Entity") for estate planning purposes. The reporting person retains an interest in the Shares. However, effective upon the transfer, the reporting person ceased to be the "beneficial owner" of such shares for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, and the rules and regulations thereunder.