SEC Form 4 · accession 0001024305-17-000063
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Macchio
Officer — Chief Scientific Officer
Period of report
Jun 30, 2017
Accepted (ET)
Jul 5, 2017 · 4:18 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 | Jun 30, 2017 | M | 63,755 | $0.00 | A | 84,588 | D | |
| Class A common stockF1 | Jun 30, 2017 | F | 25,236 | $0.00 | D | 59,352 | 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,F5,F3,F4 | — | Jun 30, 2017 | M | 63,755 | D | — | — | Class A common stock | 63,755 | 0 | D |
Explanation of responses
- F1Represents 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 June 30, 2017 of $18.76 and does not represent a sale by the Reporting Person.
- F2The transactions represent vesting of restricted stock units upon the Reporting Person's retirement as Chief Scientific Officer of the Issuer.
- F3Upon vesting, each Restricted Stock Unit settles for one share of Class A common stock of Coty Inc.
- F4On September 25, 2012, the Reporting Person was granted 37,500 restricted stock units, vesting on September 25, 2017. On September 30, 2013, the Reporting Person was granted 37,500 restricted stock units, vesting on September 30, 2018.
- F511,245 restricted stock units were forfeited by the Reporting Person upon his retirement in accordance with the terms of the Issuer's Equity and Long-Term Incentive Plan.