11 unchanged sentences
After the expiration of applicable restrictions under the 2018 Coty Credit Agreement, as amended, we began to pay dividends on the Convertible Series B Preferred Stock in cash for the period ending June 30, 2021, and we expect to continue to pay such dividends in cash on a quarterly basis, subject to the declaration thereof by our Board of Directors.
−Removed: Dividends accrued on the Convertible Series B Preferred Stock before April 1, 2021 have been declared and paid in October 2021.
The terms of the Convertible Series B Preferred Stock restrict our ability to declare cash dividends on our common stock until all accrued dividends on the Convertible Series B Preferred Stock have been declared and paid in cash.
6 unchanged sentences
(a) Total return assumes reinvestment of dividends at the closing price at the end of each quarter, since June 30, 2018.
−Removed: (b) The Peer Group includes L'Oréal S.A., Inc., Estée Lauder Companies, Inc., Revlon, Inc., Shiseido Company, Limited and Inter Parfums Inc.
+Added: (b) The Peer Group includes L'Oréal S.A., Inc., Estée Lauder Companies, Inc., Beiersdorf AG, Shiseido Company, Limited and Inter Parfums Inc.
+Added: We added Beiersdorf AG to our peer group to replace Revlon, Inc.
+Added: following its delisting from the New York Stock Exchange.
The Market Performance Graph above assumes a $100.00 investment on June 30, 2018, in Coty Inc.’s common stock, the S&P 500 Index and the Peer Group.
19 unchanged sentences
5,084,137 $ 13.06
−Removed: Series A Preferred Stock (b)
−Removed: 495,074 21.52
−Removed: Restricted Stock Units 32,616,416 N/A
+Added: Restricted Stock Units (a)
+Added: 33,932,994 N/A
+Added: Performance Restricted Stock Units (f)
+Added: 11,640,282 N/A
Subtotal 50,657,413 — 35,856,976
6 unchanged sentences
N/A is not applicable
−Removed: (a) For information about options, see Note 24 — Share-Based Compensation Plans in the notes to our Consolidated Financial Statements.
+Added: (a) For information about Options and Restricted Stock Units, see Note 24 — Share-Based Compensation Plans in the notes to our Consolidated Financial Statements.
(b) Upon vesting of the Series A Preferred Stock, the recipient receives, in cash or shares, at our sole election, the fair market value of our Class A Common Stock on the vest date of the Series A Preferred Stock less the sum of the fair market value of our Class A Common Stock on the original issue date of the Series A Preferred Stock and a hurdle price specified in the recipient’s subscription agreement.
12 unchanged sentences
(e) Reflects number of securities remaining available for future issuance under equity compensation plans, excluding share reserves related to terminated equity plans.
+Added: (f) Performance Restricted Stock Units are subject to the achievement of performance objectives and continued employment through vesting date.
Issuer Purchases of Equity Securities
−Removed: No shares of Class A Common Stock were repurchased during the fiscal years ende d June 30, 2022 and 2021.
+Added: No shares of Class A Common Stock were repurchased during the fiscal years ended June 30, 2023 and 2022.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.