<SEC-DOCUMENT>0001104659-20-141002.txt : 20201231
<SEC-HEADER>0001104659-20-141002.hdr.sgml : 20201231
<ACCEPTANCE-DATETIME>20201231163439
ACCESSION NUMBER:		0001104659-20-141002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201230
FILED AS OF DATE:		20201231
DATE AS OF CHANGE:		20201231

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HARF PETER
		CENTRAL INDEX KEY:			0001223301

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35964
		FILM NUMBER:		201429189

	MAIL ADDRESS:	
		STREET 1:		C/O COTY INC.
		STREET 2:		350 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COTY INC.
		CENTRAL INDEX KEY:			0001024305
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		IRS NUMBER:				133823358
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118
		BUSINESS PHONE:		212-389-7300

	MAIL ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COTY INC /
		DATE OF NAME CHANGE:	19961004
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2039664-1_4.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-12-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001024305</issuerCik>
        <issuerName>COTY INC.</issuerName>
        <issuerTradingSymbol>COTY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001223301</rptOwnerCik>
            <rptOwnerName>HARF PETER</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>350 FIFTH AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10118</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series B Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.24</value>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-12-30</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>146057</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1027</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A common stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>24028822</value>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>146057</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By HFS Holdings S.a r.l.</value>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On November 16, 2020, HFS Holdings S.a r.l. (&quot;HFS&quot;), a private limited liability company incorporated under the laws of Luxembourg that is beneficially owned by the Reporting Person, entered into a Purchase and Sale Agreement (the &quot;Purchase Agreement&quot;) with KKR Rainbow Aggregator L.P. and certain of its affiliated investment funds (the &quot;Sellers&quot;), pursuant to which HFS agreed to purchase from the Sellers, in exchange for an aggregate purchase price of $150,000,539 ($1,027 per share), 146,057 shares of Series B Convertible Preferred Stock, par value $0.01 per share (the &quot;Series B Shares&quot;), of Coty Inc. (the &quot;Company&quot;) that were issued on July 31, 2020 and all Accrued Dividends thereon (as defined in the Series B Certificate of Designations) (the &quot;Series B Purchase&quot;).</footnote>
        <footnote id="F2">The Series B Purchase, which is subject to customary closing conditions, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, which was obtained on December 30, 2020, is expected to close on August 27, 2021.</footnote>
        <footnote id="F3">The Series B Shares are convertible into shares of Class A Common Stock, par value of $0.01 per share, of the Company (the &quot;Class A Shares&quot;) at any time at the option of the holder thereof and has no stated maturity. The Series B Shares will remain outstanding indefinitely unless converted, repurchased or redeemed by the Company. The Company may mandatorily convert any or all of the Series B Shares into Class A Shares at any time after the three-year anniversary of the issuance, if certain conditions are met.</footnote>
        <footnote id="F4">Series B Shares are convertible into (i) a number of Class A Shares equal to the quotient of (A) the sum of the liquidation preference and any accrued dividends with respect to such Series B Share as of the applicable conversion date divided by (B) the conversion price as of the applicable conversion date plus (ii) cash in lieu of fractional shares, subject to any limitations imposed by the change of control provision under New York Stock Exchange Rule 312.03(d) unless the Company has obtained prior stockholder approval, and if such approval has not been obtained, the Company will deliver cash in lieu of any Class A Shares not deliverable. The current conversion price is a dollar amount equal to $1,000 divided by the initial conversion rate of 160.2564, or approximately $6.24 per share, and is subject to certain anti-dilution adjustments.</footnote>
        <footnote id="F5">The Series B Shares reported herein have an initial liquidation preference of $1,000 per share. The Series B Shares have a dividend rate of 9.0% per annum, accruing daily and payable quarterly in arrears, which shall increase by 1.0% on the seven year anniversary of the issuance date and shall increase by an additional 1.0% on each subsequent anniversary up to a maximum of 12.0%, which dividends will be payable in cash, by increasing the amount of accrued dividends with respect to such Series B Shares, or any combination thereof, at the sole discretion of the Company. The number of Series B Shares that correspond to the sale described in footnote (1) above was equal to approximately 24,028,822 underlying Class A Shares, based on the current conversion rate of such Series B Shares and the liquidation preference and accrued dividends of such shares as of the date of the Purchase Agreement.</footnote>
        <footnote id="F6">These Series B Shares are held by HFS. On the basis of the Reporting Person's beneficial ownership of HFS, the Reporting Person may be deemed a beneficial owner of Series B Shares held by HFS. The Reporting Person disclaims beneficial ownership of the Series B Shares, except to the extent of the Reporting Person's pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Christina Kiely, Attorney-in-Fact</signatureName>
        <signatureDate>2020-12-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
