SEC Form 4 · accession 0001024305-16-000146
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lambertus J.H. Becht
Officer — Interim CEO · Director
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024305
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Mar 7, 2016 | J | 4,668,810 | — | D | 0 | D | |
| Class A common stockF2 | holding | — | — | — | 128,631 | I | By corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 7, 2016, the reporting person transferred 4,668,810 shares of Class A common stock of the issuer to a newly-formed Luxembourg corporation (the "Corporation") for estate planning purposes in exchange for shares of the Corporation. 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, as he ceased at such time to have any investment or other control over the shares.
- F2The reporting person may be deemed to have an indirect pecuniary interest representing less than 2% of the Class A common stock held by JAB Cosmetics B.V. The reporting person disclaims such pecuniary interest except to the extent, if any, it is realized.