SEC Form 4 · accession 0001024305-16-000170
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sebastien Froidefond
Officer — SVP of Human Resources
Period of report
Jul 11, 2016
Accepted (ET)
Jul 13, 2016 · 4:53 pm EDT
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 stock | Jul 11, 2016 | M | 20,862 | $0.00 | A | 20,862 | D | |
| Class A common stockF1 | Jul 11, 2016 | S | 3,983 | $27.022 | D | 16,879 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Jul 11, 2016 | M | 20,862 | D | — | — | Class A common stock | 20,862 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.9500 to $27.1500, inclusive. The reporting person undertakes to provide to Coty Inc., any security holder of Coty Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The shares were sold pursuant to Mr. Froidefond's 10(b)5-1 plan and were sold for the payment of withholding taxes related to the vesting of the RSUs.
- F2Upon vesting, each Restricted Stock Unit will settle for one share of Class A Common Stock. Vesting of the Restricted Stock Units was accelerated from September 15, 2020 to July 11, 2016.