Pieraccioni Giovanni 4
4 · COTY INC. · Filed Feb 20, 2019
Insider Transaction Report
Form 4
COTY INC.COTY
Pieraccioni Giovanni
Chief Operating Officer, CB
Transactions
- Award
Restricted Stock Units
2019-02-15+254,777→ 254,777 total→ Class A common stock (254,777 underlying) - Award
Stock Option (right to buy)
2019-02-15+541,515→ 541,515 totalExercise: $11.08Exp: 2029-02-15→ Class A common stock (541,515 underlying)
Footnotes (2)
- [F1]Represents a matching Stock Option granted to the Reporting Person in connection with the Elite Program under the Issuer's Equity and Long-Term Incentive Plan. If at any time starting on February 15, 2020 through February 15, 2024, the Reporting Person owns fewer than 180,505 shares of Class A Common Stock but more than 108,303, a pro rata portion of the matching Stock Option will be forfeited. If at any time starting on February 15, 2020 through February 15, 2024, the Reporting Person owns fewer than 108,303, the entire matching Stock Option will be forfeited.
- [F2]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: 60% on February 15, 2022, 20% on February 15, 2023 and 20% on February 15, 2024.