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4//SEC Filing

Laubies Pierre 4

Accession 0001024305-19-000011

CIK 0001024305other

Filed

Feb 3, 7:00 PM ET

Accepted

Feb 4, 8:18 PM ET

Size

323.3 KB

Accession

0001024305-19-000011

Insider Transaction Report

Form 4
Period: 2019-02-04
Laubies Pierre
DirectorChief Executive Officer
Transactions
  • Award

    Series A-1 Preferred Stock

    2019-02-04$0.10/sh+6,925,341$692,5346,925,341 total
    Exp: 2025-11-12Class A common stock (6,925,341 underlying)
Footnotes (1)
  • [F1]The Series A-1 Preferred Stock vests 60% on November 12, 2021, 20% on November 12, 2022 and 20% on November 12, 2023, subject to certain vesting conditions. Each share of Series A-1 Preferred Stock may be exchanged for cash or shares of Class A Common Stock, at the Issuer's election, upon the earlier of (i) November 11, 2025, if Mr. Laubies is employed with the Issuer; (ii) termination of Mr. Laubies's employment as a result of death or disability; or (iii) a termination of Mr. Laubies's employment under certain circumstances following a change of control of the Issuer, in each case, if Mr. Laubies has made an aggregate investment of at least $20,000,000 in the Issuer's Class A Common Stock. 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 Preferred Stock is exchanged less (ii) $8.75, subject to adjustment.

Issuer

COTY INC.

CIK 0001024305

Entity typeother

Related Parties

1
  • filerCIK 0001759195

Filing Metadata

Form type
4
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 8:18 PM ET
Size
323.3 KB