Gregory R. Monahan - May 13, 2022 Form 4 Insider Report for Primo Water Corp /CN/ (PRMW)

Role
Director
Signature
/s/ Marni Morgan Poe, Attorney-in-fact
Stock symbol
PRMW
Transactions as of
May 13, 2022
Transactions value $
$134,987
Form type
4
Date filed
5/17/2022, 04:30 PM
Previous filing
Nov 22, 2021
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Award $135K +9.56K +9.42% $14.12 111K May 13, 2022 Direct F1
holding PRMW Common Shares 27.3K May 13, 2022 By Jamarant Capital, L.P. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Shares were issued pursuant to the Primo Water Corporation 2018 Equity Incentive Plan in payment of the reporting person's annual director fee. The number of shares was calculated by dividing $135,000 (the cash amount of the annual director fee) by $14.12 (the closing price of the Common Shares on the New York Stock Exchange on May 13, 2022).
F2 The reported shares are owned by Jamarant Capital, L.P., of which Mr. Monahan is a Managing Member. Mr. Monahan disclaims beneficial ownership of the reported shares, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Monahan is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.