William Alan Jamieson - 08 Nov 2024 Form 4 Insider Report for Primo Water Corp /CN/

Role
Global CIO
Signature
/s/ Marni Morgan Poe, as Attorney-in-fact
Issuer symbol
N/A
Transactions as of
08 Nov 2024
Net transactions value
$0
Form type
4
Filing time
12 Nov 2024, 17:42:59 UTC
Previous filing
15 Feb 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 Disposed to Issuer -82,820 -100% 0 08 Nov 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRMW Stock Option (right to buy) Disposed to Issuer -28,266 -100% 0 08 Nov 2024 Common Shares 28,266 $14.82 Direct F3
transaction PRMW Stock Option (right to buy) Disposed to Issuer -32,991 -100% 0 08 Nov 2024 Common Shares 32,991 $13.67 Direct F3
transaction PRMW Stock Option (right to buy) Options Exercise -23,634 -100% 0 08 Nov 2024 Common Shares 23,634 $15.84 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 737.327 shares acquired by the reporting person since the date of the reporting person's last report through the Primo Water Corporation Employee Share Purchase Plan and through dividend reinvestment under such plan.
F2 The reported securities include 15,747 shares underlying time-based restricted share units ("RSUs") that have not yet vested. Pursuant to that certain Arrangement Agreement and Plan of Merger, dated June 16, 2024, (as amended, the "Arrangement Agreement"), by and among the Issuer, Triton Water Parent, Inc. ("BlueTriton"), Triton US HoldCo, Inc., a wholly-owned subsidiary of BlueTriton ("Primo Brands Corporation" formerly referred to as "NewCo"), Triton Merger Sub 1, Inc., a wholly-owned subsidiary of Primo Brands Corporation and 1000922661 Ontario Inc., a wholly-owned subsidiary of Primo Brands Corporation, the reported securities were disposed of in exchange for shares or RSUs, as the case may be, of Primo Brands Corporation Class A common stock at an exchange ratio of 1:1.
F3 Pursuant to the Arrangement Agreement, the reported stock options were disposed of in exchange for stock options to purchase Class A common shares of Primo Brands Corporation on the same terms and conditions of the Reporting Person's existing option grant award.