Robbert Rietbroek - Jan 1, 2024 Form 4 Insider Report for Primo Water Corp /CN/ (PRMW)

Signature
/s/ Marni Morgan Poe, Attorney-in-Fact
Stock symbol
PRMW
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/5/2024, 04:59 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Award $0 +233K $0.00 233K Jan 1, 2024 Direct F1
transaction PRMW Common Shares Award $0 +67.8K +29.14% $0.00 300K Jan 1, 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.