Thomas Harrington - Dec 7, 2022 Form 4 Insider Report for Primo Water Corp /CN/ (PRMW)

Signature
/s/ Marni Morgan Poe, Attorney-in-fact
Stock symbol
PRMW
Transactions as of
Dec 7, 2022
Transactions value $
-$260,164
Form type
4
Date filed
12/9/2022, 06:57 PM
Previous filing
Sep 6, 2022
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRMW Common Shares Award $0 +105K +26.84% $0.00 497K Dec 7, 2022 Direct F1
transaction PRMW Common Shares Tax liability -$165K -10.8K -2.17% $15.32 486K Dec 9, 2022 Direct F2
transaction PRMW Common Shares Tax liability -$95.2K -6.21K -1.28% $15.32 480K Dec 9, 2022 Direct F3
holding PRMW Common Shares 324K Dec 7, 2022 By TAH Capital, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted share units ("RSUs"), which are contingent rights to receive common shares. RSUs that have not been forfeited shall vest in equal one-third installments on each of the first, second and third anniversaries of the grant date.
F2 Represents the number of common shares withheld to satisfy tax obligations due upon the vesting of time-based units granted to the Reporting Person on December 9, 2021.
F3 Represents the number of common shares withheld to satisfy tax obligations due upon the vesting of time-based units granted to the Reporting Person on December 9, 2020.
F4 The reported shares are owned by TAH Capital, LLC, of which the Reporting Person is the Managing Member. The Reporting Person 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 the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.