Michael J. Alkire - Dec 31, 2021 Form 4 Insider Report for Premier, Inc. (PINC)

Role
President & CEO, Director
Signature
/s/ David L. Klatsky, Attorney-in-Fact
Stock symbol
PINC
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
4
Date filed
1/25/2022, 08:43 PM
Previous filing
Sep 2, 2021
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINC Class A Common Stock Gift $0 -74.6K -24.27% $0.00 233K Dec 31, 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
holding PINC Option (right to buy) 197K Dec 31, 2021 Class A Common Stock 197K $27.00 Direct F3, F4
holding PINC Option (right to buy) 35.7K Dec 31, 2021 Class A Common Stock 35.7K $31.58 Direct F4, F5
holding PINC Option (right to buy) 38.6K Dec 31, 2021 Class A Common Stock 38.6K $35.65 Direct F4, F6
holding PINC Option (right to buy) 22.2K Dec 31, 2021 Class A Common Stock 22.2K $31.65 Direct F4, F7
holding PINC Option (right to buy) 22.7K Dec 31, 2021 Class A Common Stock 22.7K $32.90 Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 31, 2021, in connection with his marital separation agreement, the reporting person transferred 74,590 shares of Class A Common Stock to an irrevocable trust for which his former spouse is trustee and the reporting person is beneficiary. The reporting person has no investment control over the securities held in the irrevocable trust.
F2 Total also reflects the transfer by the reporting person of 74,590 shares of Class A Common Stock and 16,162 unvested restricted stock units to his former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
F3 The right to exercise one-third of the options on June 30 of each of 2014, 2015 and 2016.
F4 Total reflects the transfer by the reporting person of one-half of his outstanding options to purchase shares of Class A Common Stock to his former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
F5 The right to exercise one-third of the options on August 28 of each of 2015, 2016 and 2017.
F6 The right to exercise one-third of the options on August 30 of each of 2016, 2017 and 2018.
F7 The right to exercise one-third of the options on August 30 of each of 2017, 2018 and 2019.
F8 The right to exercise one-third of the options on August 24 of each of 2018, 2019 and 2020.