David W. Hass - Jan 23, 2023 Form 3 Insider Report for Primo Water Corp /CN/ (PRMW)

Role
Chief Financial Officer
Signature
/s/ Marni Morgan Poe, Attorney-in-fact
Stock symbol
PRMW
Transactions as of
Jan 23, 2023
Transactions value $
$0
Form type
3
Date filed
1/25/2023, 03:05 PM
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRMW Common Shares 116K Jan 23, 2023 Direct F1
holding PRMW Common Shares 48.8K Jan 23, 2023 See footnote 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 PRMW Stock Option (right to buy) Jan 23, 2023 Common Shares 14.8K $9.76 Direct F3
holding PRMW Stock Option (right to buy) Jan 23, 2023 Common Shares 7.88K $15.84 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 104,339 shares held by reporting person directly, (ii) 2,258.86 shares acquired under the Issuer's Employee Stock Purchase Plan, (iii) 1,281 time-based restricted share units ("RSUs"), which vest on May 4, 2023, (iv) 526 RSUs, which vest on December 9, 2023, (v) 2,737 RSUs, which vest in equal installments on December 9, 2023 and December 9, 2024, respectively, and (vi) 5,256 RSUs, which vest in equal installments on December 7, 2023, December 7, 2024, and December 7, 2025, respectively.
F2 Includes (i) 38,024 shares held by David W. Hass Living Trust, of which reporting person is a trustee, (ii) 3,846 shares held by a Roth IRA for the benefit of the reporting person, (iii) 3,481 shares owned by HB Capital LLC, of which reporting person is a member, (iv) 2,656 shares held by the nieces and nephews of the reporting person through custodial accounts under the Uniform Transfers to Minors Act for which the reporting person is custodian, and (v) 828 shares held through reporting person's spouse. The reporting person may be deemed an indirect beneficial owner of the securities held directly by HB Capital LLC. The reporting person disclaims beneficial ownership of the securities held directly by HB Capital LLC, except to the extent of his pecuniary interest therein.
F3 7,411 shares underlying this option have vested; the remaining 7,411 shares underlying this option fully vest on May 4, 2023.
F4 5,252 shares underlying this option have vested; the remaining 2,626 shares underlying this option fully vest on December 9, 2023.