Jay Wells - 18 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
18 May 2021
Net transactions value
-$280,046
Form type
4
Filing time
20 May 2021, 18:00:45 UTC
Previous filing
18 May 2021
Next filing
13 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Options Exercise $510,914 +45,536 +26% $11.22 218,187 18 May 2021 Direct
transaction PRMW Common Shares Sale $790,960 -45,536 -21% $17.37 172,651 18 May 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 -45,536 -100% $0.000000* 0 18 May 2021 Common Shares 45,536 $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.