Mercier Laurent 4
4 · COTY INC. · Filed Oct 23, 2023
Insider Transaction Report
Form 4
COTY INC.COTY
Mercier Laurent
Chief Financial Officer
Transactions
- Tax Payment
Class A common stock
2023-10-19−55,942→ 246,215 total - Exercise/Conversion
Class A common stock
2023-10-19+156,745→ 302,157 total - Exercise/Conversion
Restricted Stock Units
2023-10-19−156,745→ 286,828 totalExercise: $0.00→ Class A common stock (156,745 underlying) - Award
Restricted Stock Units
2023-10-19+559,625→ 846,453 totalExercise: $0.00→ Class A common stock (559,625 underlying)
Footnotes (3)
- [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.