SEC Form 4 · accession 0001209191-17-052038
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malcolm McQuilkin
Director
Period of report
Sep 7, 2017
Accepted (ET)
Sep 8, 2017 · 4:11 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 Stock | Sep 7, 2017 | X | 57,143 | $2.30 | A | 126,042 | D | |
| Common StockF1 | Sep 7, 2017 | S | 11,082 | $11.86 | D | 114,960 | D | |
| Common StockF2 | holding | — | — | — | 313,607 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (right to buy) | $2.30 | Sep 7, 2017 | X | 57,143 | D | Apr 30, 2012 | Apr 30, 2020 | Common Stock | 57,143 | 0 | D |
Explanation of responses
- F1On September 7, 2017, the reporting person exercised a warrant to purchase 57,143 shares of the Issuer's common stock for $2.30 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's (i) withholding of 11,082 of the warrant shares to pay the exercise price and (ii) issuing to the reporting person the remaining 46,061 shares.
- F2Held by Malcolm McQuilkin Living Trust of which Malcolm McQuilkin is a co-trustee.