SEC Form 4 · accession 0001209191-15-039975
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Billy D Prim
Officer — Chairman, CEO and President · Director
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001365101
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 2,332,878 | D | ||
| Common StockF2 | holding | — | — | — | 8,032 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 4,791 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 4,791 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 23,957 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 23,957 | I | See Footnote | |
| Common StockF7 | holding | — | — | — | 4,791 | I | See Footnote | |
| Common StockF8 | holding | — | — | — | 4,791 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F9 | $5.33 | May 5, 2015 | A | 30,000 | A | — | May 5, 2025 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Includes 5,000 shares subject to restricted stock unit awards which may only be settled in stock which vest on May 11, 2015.
- F2Held by Mr. Prim's spouse.
- F3Held by Billy D. Prim Revocable Trust of which Mr. Prim is the sole trustee.
- F4Held by BD Prim, LLC of which Mr. Prim is the sole manager.
- F5Held by 2010 Irrevocable Trust fbo Sarcanda Westmoreland Bellisimo of which Mr. Prim is the sole trustee.
- F6Held by 2010 Irrevocable Trust fbo Anthony Gray Westmoreland of which Mr. Prim is the sole trustee.
- F7Held by 2010 Irrevocable Trust fbo Jager Gralyn Dean Bellisimo of which Mr. Prim is the sole trustee.
- F8Held by 2010 Irrevocable Trust fbo Joseph Alexander Bellisimo of which Mr. Prim is the sole trustee.
- F9These stock options vest in equal annual installments on May 5 of each of 2016, 2017 and 2018.