SEC Form 4 · accession 0001209191-18-021257
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W. Hass
Officer — Chief Strategy Officer
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 4:31 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 | Mar 20, 2018 | M | 1,334 | $0.00 | A | 107,899 | D | |
| Common StockF2 | Mar 20, 2018 | F | 387 | $11.34 | D | 107,512 | D | |
| Common StockF3 | holding | — | — | — | 16,901 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 5,250 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F6 | — | Mar 20, 2018 | M | 1,334 | D | — | — | Common Stock | 1,334 | 2,666 | D |
Explanation of responses
- F1Represents shares of common stock received upon vesting of a restricted stock unit award.
- F2Represents shares of stock withheld to pay taxes upon the vesting of a restricted stock unit award.
- F3Held by David W. Hass Living Trust, of which David Hass is a trustee.
- F4These shares of common stock are owned by HB Capital LLC, of which David Hass is a member. Mr. Hass may be deemed an indirect beneficial owner of the securities held directly by HB Capital LLC. Mr. Hass disclaims beneficial ownership of the securities held directly by HB Capital LLC, except to the extent of his pecuniary interest therein.
- F5Each restricted stock unit represents a contingent right to receive one share of common stock.
- F6These restricted stock units vest in equal annual installments on March 20 of 2018, 2019 and 2020.