SEC Form 4 · accession 0001024305-17-000026
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lambertus J.H. Becht
Director
Period of report
Mar 27, 2017
Accepted (ET)
Mar 29, 2017 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024305
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF1,F2 | — | Mar 27, 2017 | A | 1,000,000 | A | — | Mar 27, 2024 | Class A common stock | — | 1,000,000 | D |
Explanation of responses
- F1Each share of Series A Preferred Stock (the "Series A Shares") may be exchanged for cash or shares of Class A Common Stock ("Class A Shares"), at the Issuer's election, upon the earlier of (i) March 27, 2022 and (ii) the date of the Reporting Person's death or disability; provided, however, that the Series A Shares may only be settled in Class A Shares if the issuance of such shares is approved by the Issuer's stockholders.
- F2The amount of cash or number of Class A Shares, at the Issuer's election, received upon exchange will equal the difference between (i) the fair market value of the Class A Common Stock on the date that the Series A Shares are exchanged less (ii) $3.50 plus the fair market value of the Class A Common Stock on the date that the Series A Shares were purchased; provided, however, that the Series A Shares may only be settled in Class A Shares if the issuance of such shares is approved by the Issuer's stockholders.