SEC Form 4 · accession 0001024305-18-000008
COTY INC. · COTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Camillo Pane
Officer — Chief Executive Officer · Director
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 7:32 pm EST
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 | — | Feb 28, 2018 | J | 1,645,921 | D | — | — | Class A common stock | 1,645,921 | 0 | D |
Explanation of responses
- F1Upon vesting, the Series A Preferred Stock can be exchanged for cash or shares of Class A Common Stock, at the Issuer's election. 645,921 shares of the Series A Preferred Stock vest on April 15, 2020 and expire on April 15, 2022, and 1,000,000 shares of Series A Preferred Stock vest on November 25, 2021 and expire on November 25, 2023, in each case subject to certain vesting conditions and exceptions.
- F2On February 28, 2018, the reporting person transferred all shares of Series A Preferred Stock of the Issuer owned by the reporting person to a newly-formed entity (the "Entity") for estate planning purposes. The reporting person retains an interest in the Shares. However, 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.