Jay Wells - May 18, 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 18, 2021
Transactions value $
-$280,046
Form type
4
Date filed
5/20/2021, 06:00 PM
Previous filing
May 18, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Options Exercise $511K +45.5K +26.37% $11.22 218K May 18, 2021 Direct
transaction PRMW Common Shares Sale -$791K -45.5K -20.87% $17.37 173K May 18, 2021 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) Options Exercise $0 -45.5K -100% $0.00* 0 May 18, 2021 Common Shares 45.5K $11.22 Direct F3
* 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 45,536 common shares sold in multiple transactions on May 18, 2021 with sale prices ranging from $17.30 to $17.48 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 Fully vested.