SEC Form 4 · accession 0001209191-17-022355

Primo Water Corp · PRMW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and COO

Period of report

Mar 10, 2017

Accepted (ET)

Mar 22, 2017 · 5:17 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
Common Stock^F1	Mar 10, 2017	F	1,800	$14.33	D	105,016	D
Common Stock^F2	Mar 20, 2017	A	1,463	$0.00	A	106,479	D
Common Stock^F3	Mar 20, 2017	F	510	$14.03	D	105,969	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	—	Mar 20, 2017	A	9,000	A	—	—	Common Stock	9,000	9,000	D
Deferred Stock Units^F6,F7	—	Mar 20, 2017	A	345,604	A	—	—	Common Stock	345,604	345,604	D

F1Shares withheld to satisfy tax withholding requirements on the vesting of restricted stock units on March 10, 2017.
F2These restricted stock units may only be settled in stock and vest immediately.
F3Shares withheld to satisfy tax withholding requirements on the vesting of restricted stock units on March 20, 2017.
F4Each restricted stock unit represents a contingent right to receive one share of common stock.
F5These restricted stock units vest in equal annual installments on March 20 of 2018, 2019 and 2020.
F6Each deferred stock unit has a value as of a given date equal to the fair market value of one share of Primo Water Corporation common stock.
F7Represents deferred stock units granted on March 20, 2017 in connection with the achievement of the second adjusted EBITDA target under the Primo Water Corporation Amended and Restated Value Creation Plan. These deferred stock units are to be delivered in January 2018.