Jay Wells - 10 May 2021 Form 4 Insider Report for Primo Water Corp /CN/

Role
CFO
Signature
/s/ Marni Morgan Poe, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
10 May 2021
Net transactions value
-$2,464,617
Form type
4
Filing time
18 May 2021, 16:52:31 UTC
Next filing
20 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Sale $3,400 -200 -0.1% $17.00 210,251 10 May 2021 Direct F1
transaction PRMW Common Shares Options Exercise $3,716 +400 +0.19% $9.29 210,651 10 May 2021 Direct
transaction PRMW Common Shares Sale $6,800 -400 -0.19% $17.00 210,251 10 May 2021 Direct F1
transaction PRMW Common Shares Sale $645,592 -37,600 -18% $17.17 172,651 14 May 2021 Direct F1, F2
transaction PRMW Common Shares Options Exercise $27,025 +2,909 +1.7% $9.29 175,560 14 May 2021 Direct
transaction PRMW Common Shares Sale $49,831 -2,909 -1.7% $17.13 172,651 14 May 2021 Direct F1
transaction PRMW Common Shares Options Exercise $421,872 +52,734 +31% $8.00 225,385 14 May 2021 Direct
transaction PRMW Common Shares Sale $904,915 -52,734 -23% $17.16 172,651 14 May 2021 Direct F1, F3
transaction PRMW Common Shares Options Exercise $435,610 +47,093 +27% $9.25 219,744 14 May 2021 Direct
transaction PRMW Common Shares Sale $811,412 -47,093 -21% $17.23 172,651 14 May 2021 Direct F1, F4
transaction PRMW Common Shares Options Exercise $226,464 +20,184 +12% $11.22 192,835 14 May 2021 Direct
transaction PRMW Common Shares Sale $349,183 -20,184 -10% $17.30 172,651 14 May 2021 Direct F1, F5
transaction PRMW Common Shares Options Exercise $1,481,646 +132,054 +76% $11.22 304,705 17 May 2021 Direct
transaction PRMW Common Shares Sale $2,289,816 -132,054 -43% $17.34 172,651 17 May 2021 Direct F1, F6

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 -400 -12% $0.000000 2,909 10 May 2021 Common Shares 400 $9.29 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -2,909 -100% $0.000000* 0 14 May 2021 Common Shares 2,909 $9.29 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -52,734 -100% $0.000000* 0 14 May 2021 Common Shares 52,734 $8.00 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -47,093 -100% $0.000000* 0 14 May 2021 Common Shares 47,093 $9.25 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -20,184 -10% $0.000000 177,590 14 May 2021 Common Shares 20,184 $11.22 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -132,054 -74% $0.000000 45,536 17 May 2021 Common Shares 132,054 $11.22 Direct F7
* 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 12, 2021.
F2 The price in column 4 reflects the weighted average price of 37,600 common shares sold in multiple transactions on May 14, 2021 with sale prices ranging from $17.00 to $17.24 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 52,734 common shares sold in multiple transactions on May 14, 2021 with sale prices ranging from $17.00 to $17.20 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 47,093 common shares sold in multiple transactions on May 14, 2021 with sale prices ranging from $17.20 to $17.28 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 20,184 common shares sold in multiple transactions on May 14, 2021 with sale prices ranging from $17.28 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.
F6 The price in column 4 reflects the weighted average price of 132,054 common shares sold in multiple transactions on May 17, 2021 with sale prices ranging from $17.21 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.
F7 Fully vested.