S. Fowden Jeremy - May 10, 2021 Form 4 Insider Report for Primo Water Corp /CN/ (PRMW)

Role
Director
Signature
/s/ Marni Morgan Poe, Attorney-in-Fact
Stock symbol
PRMW
Transactions as of
May 10, 2021
Transactions value $
-$2,280,272
Form type
4
Date filed
5/18/2021, 04:49 PM
Previous filing
May 11, 2021
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Options Exercise $4.8K +600 +0.04% $8.00 1.36M May 10, 2021 Direct
transaction PRMW Common Shares Sale -$10.2K -600 -0.04% $17.00 1.36M May 10, 2021 Direct F1, F2
transaction PRMW Common Shares Options Exercise $23.1K +2.89K +0.21% $8.00 1.36M May 14, 2021 Direct
transaction PRMW Common Shares Sale -$49.2K -2.89K -0.21% $17.04 1.36M May 14, 2021 Direct F1, F3
transaction PRMW Common Shares Options Exercise $2.27M +218K +16.02% $10.40 1.58M May 14, 2021 Direct
transaction PRMW Common Shares Sale -$3.75M -218K -13.81% $17.22 1.36M May 14, 2021 Direct F1, F4
transaction PRMW Common Shares Options Exercise $1.14M +110K +8.07% $10.40 1.47M May 17, 2021 Direct
transaction PRMW Common Shares Sale -$1.9M -110K -7.47% $17.36 1.36M May 17, 2021 Direct F1, F5

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) Options Exercise $0 -600 -17.21% $0.00 2.89K May 10, 2021 Common Shares 600 $8.00 Direct F6
transaction PRMW Stock Option (right to buy) Options Exercise $0 -2.89K -100% $0.00* 0 May 14, 2021 Common Shares 2.89K $8.00 Direct F6
transaction PRMW Stock Option (right to buy) Options Exercise $0 -218K -37.39% $0.00 365K May 14, 2021 Common Shares 218K $10.40 Direct F6
transaction PRMW Stock Option (right to buy) Options Exercise $0 -110K -30.07% $0.00 255K May 17, 2021 Common Shares 110K $10.40 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2021.
F2 The price in column 4 reflects the weighted average price of 600 common shares sold in multiple transactions on May 10, 2021 with sale prices ranging from $17.00 to $17.01 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F3 The price in column 4 reflects the weighted average price of 2,886 common shares sold in multiple transactions on May 14, 2021 with sale prices ranging from $17.00 to $17.14 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F4 The price in column 4 reflects the weighted average price of 217,800 common shares sold in multiple transactions on May 14, 2021 with sale prices ranging from $17.10 to $17.33 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F5 The price in column 4 reflects the weighted average price of 109,682 common shares sold in multiple transactions on May 17, 2021 with sale prices ranging from $17.30 to $17.45 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F6 Fully vested.