SEC Form 4 · accession 0001024305-16-000252
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lambertus J.H. Becht
Director
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 4:48 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 stock | Nov 15, 2016 | M | 22,500 | $0.00 | A | 1,022,500 | D | |
| Class A common stockF1 | Nov 16, 2016 | S | 3,314 | $18.14 | D | 1,019,186 | 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 | — | Nov 15, 2016 | M | 22,500 | D | — | — | Class A common stock | 22,500 | 120,000 | D |
| Restricted Stock UnitsF3 | — | Nov 15, 2016 | A | 30,000 | A | — | — | Class A common stock | 30,000 | 150,000 | 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 $17.98 to $18.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 for the payment of withholding taxes related to the vesting of Restricted Stock Units.
- F2Upon vesting, each Restricted Stock Unit will settle for one share of Class A Common Stock of Coty Inc.
- F3Upon vesting, each Restricted Stock Unit will settle for one share of Class A Common Stock of Coty Inc. The Restricted Stock Units vest on November 15, 2021.