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

Role
CFO
Signature
/s/ Marni Morgan Poe, Attorney-in-Fact
Stock symbol
PRMW
Transactions as of
May 10, 2021
Transactions value $
-$2,464,617
Form type
4
Date filed
5/18/2021, 04:52 PM
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Sale -$3.4K -200 -0.1% $17.00 210K May 10, 2021 Direct F1
transaction PRMW Common Shares Options Exercise $3.72K +400 +0.19% $9.29 211K May 10, 2021 Direct
transaction PRMW Common Shares Sale -$6.8K -400 -0.19% $17.00 210K May 10, 2021 Direct F1
transaction PRMW Common Shares Sale -$646K -37.6K -17.88% $17.17 173K May 14, 2021 Direct F1, F2
transaction PRMW Common Shares Options Exercise $27K +2.91K +1.68% $9.29 176K May 14, 2021 Direct
transaction PRMW Common Shares Sale -$49.8K -2.91K -1.66% $17.13 173K May 14, 2021 Direct F1
transaction PRMW Common Shares Options Exercise $422K +52.7K +30.54% $8.00 225K May 14, 2021 Direct
transaction PRMW Common Shares Sale -$905K -52.7K -23.4% $17.16 173K May 14, 2021 Direct F1, F3
transaction PRMW Common Shares Options Exercise $436K +47.1K +27.28% $9.25 220K May 14, 2021 Direct
transaction PRMW Common Shares Sale -$811K -47.1K -21.43% $17.23 173K May 14, 2021 Direct F1, F4
transaction PRMW Common Shares Options Exercise $226K +20.2K +11.69% $11.22 193K May 14, 2021 Direct
transaction PRMW Common Shares Sale -$349K -20.2K -10.47% $17.30 173K May 14, 2021 Direct F1, F5
transaction PRMW Common Shares Options Exercise $1.48M +132K +76.49% $11.22 305K May 17, 2021 Direct
transaction PRMW Common Shares Sale -$2.29M -132K -43.34% $17.34 173K May 17, 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 -12.09% $0.00 2.91K May 10, 2021 Common Shares 400 $9.29 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -2.91K -100% $0.00* 0 May 14, 2021 Common Shares 2.91K $9.29 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -52.7K -100% $0.00* 0 May 14, 2021 Common Shares 52.7K $8.00 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -47.1K -100% $0.00* 0 May 14, 2021 Common Shares 47.1K $9.25 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -20.2K -10.21% $0.00 178K May 14, 2021 Common Shares 20.2K $11.22 Direct F7
transaction PRMW Stock Option (right to buy) Options Exercise $0 -132K -74.36% $0.00 45.5K May 17, 2021 Common Shares 132K $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.