SEC Form 4 · accession 0001209191-18-003445

Primo Water Corp · PRMW

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

Reporting owner

Officer — President and CEO · Director

Period of report

Jan 10, 2018

Accepted (ET)

Jan 12, 2018 · 4:45 pm EST

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	Dec 31, 2017	A	999	$10.44	A	107,468	D
Common Stock^F2	Jan 10, 2018	M	145,148	$0.00	A	252,616	D
Common Stock^F2	Jan 10, 2018	M	331,138	$0.00	A	583,754	D
Common Stock^F3	Jan 10, 2018	F	215,070	$0.00	D	368,684	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Deferred Stock Units^F4,F5	—	Jan 10, 2018	M	145,148	D	—	—	Common Stock	145,148	435,444	D
Deferred Stock Units^F4,F6	—	Jan 10, 2018	M	331,138	D	—	—	Common Stock	331,138	0	D

F1These shares were acquired under the Primo Water Corporation Employee Stock Purchase Plan, as amended, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2Represents shares of common stock received upon vesting of deferred stock units on January 10, 2018.
F3Shares withheld to satisfy tax withholding requirements on the vesting of deferred stock units on January 10, 2018.
F4Each 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.
F5145,148 deferred stock units were delivered on January 10, 2018. The remaining 435,444 deferred stock units are to be delivered in equal annual installments in January of each of 2019, 2020 and 2021.
F6331,138 deferred stock units were delivered on January 10, 2018.