SEC Form 4 · accession 0001209191-16-109465
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Mills
Officer — Vice President Finance
Period of report
Mar 17, 2016
Accepted (ET)
Mar 18, 2016 · 4:07 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,F2 | Mar 17, 2016 | F | 1,282 | $9.39 | D | 36,653 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF4,F3,F5 | — | Mar 17, 2016 | F | 6,842 | D | — | — | Common Stock | 6,842 | 144,910 | D |
Explanation of responses
- F1Shares withheld to satisfy tax withholding requirements on the vesting of restricted stock units on March 11, 2016.
- F2Includes 7,500 restricted stock units that vest in equal annual installments on March 11 of each of 2017, 2018 and 2019.
- F3Each deferred stock unit has a value as of a given date equal to the fair market value of one share of PRMW common stock.
- F4Shares withheld to satisfy tax withholding requirements in connection with the grant of deferred stock units on March 11, 2016.
- F5These deferred stock units are to be delivered in equal annual installments in January of each of 2017, 2018, 2019, 2020 and 2021.