David W. Hass - Feb 10, 2023 Form 4 Insider Report for Primo Water Corp /CN/ (PRMW)

Role
Chief Financial Officer
Signature
/s/ Marni Morgan Poe, Attorney-in-Fact
Stock symbol
PRMW
Transactions as of
Feb 10, 2023
Transactions value $
$131,191
Form type
4
Date filed
2/15/2023, 04:27 PM
Previous filing
Jan 25, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Award $183K +11.5K +8.52% $15.90 147K Feb 10, 2023 Direct F1
transaction PRMW Common Shares Tax liability -$52.1K -3.28K -2.23% $15.90 144K Feb 10, 2023 Direct F2
holding PRMW Common Shares 48.8K Feb 10, 2023 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based RSUs granted to the Reporting Person on May 4, 2020, which vested on February 10, 2023 as a result of the achievement of the performance criteria.
F2 Represents the number of common shares withheld to satisfy tax obligations due upon the vesting of the performance-based RSUs granted to the Reporting Person on May 4, 2020.
F3 Includes (i) 38,024 shares held by David W. Hass Living Trust, of which reporting person is a trustee, (ii) 3,846 shares held by a Roth IRA for the benefit of the reporting person, (iii) 3,481 shares owned by HB Capital LLC, of which reporting person is a member, (iv) 2,656 shares held by the nieces and nephews of the reporting person through custodial accounts under the Uniform Transfers to Minors Act for which the reporting person is custodian, and (v) 828 shares held through reporting person's spouse. The reporting person may be deemed an indirect beneficial owner of the securities held directly by HB Capital LLC. The reporting person disclaims beneficial ownership of the securities held directly by HB Capital LLC, except to the extent of his pecuniary interest therein.