Robbert Rietbroek - 01 Jan 2024 Form 4 Insider Report for Primo Water Corp /CN/

Role
Chief Executive Officer, Director
Signature
/s/ Marni Morgan Poe, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Jan 2024
Net transactions value
$0
Form type
4
Filing time
05 Jan 2024, 16:59:00 UTC
Next filing
12 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Award $0 +232,558 $0.000000 232,558 01 Jan 2024 Direct F1
transaction PRMW Common Shares Award $0 +67,774 +29% $0.000000 300,332 01 Jan 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted share units ("RSUs"), which are contingent rights to receive common shares. This is an inducement RSU grant that is made outside of the Primo Water existing equity incentive plans, but it is subject to the same terms and conditions as if granted under the Primo Water Corporation 2018 Equity Incentive Plan, as amended. The inducement grant shall vest in equal one-half installments on each of the first and second anniversaries of the grant date.
F2 Represents RSUs. RSUs that have not been forfeited shall vest in equal one-third installments on each of the first, second and third anniversaries of the grant date.

Remarks:

The Form 4 filed with the Securities and Exchange Commission (the "SEC") (SEC Accession No. 0000884713-24-000003) on January 2, 2024 (the "Prior Filing") was timely filed by the Reporting Person; however, the Form 4 was inadvertently filed under the wrong CIK. This Form 4 is being filed under the Reporting Person's correct CIK number. The Prior Filing was submitted in error and should be disregarded.