SEC Form 4 · accession 0001209191-18-030328
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Cauthen
Officer — Vice President Finance
Period of report
May 12, 2018
Accepted (ET)
May 15, 2018 · 6:54 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 | May 12, 2018 | M | 850 | $0.00 | A | 6,266 | D | |
| Common StockF2 | May 12, 2018 | F | 283 | $14.22 | D | 5,983 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | May 12, 2018 | M | 850 | D | — | — | Common Stock | 850 | 0 | D |
Explanation of responses
- F1Represents shares of common stock received upon vesting of a restricted stock unit award.
- F2Represents shares of common stock withheld to pay taxes upon the vesting of a restricted stock unit award.
- F3Each restricted stock unit represents the contingent right to receive one share of common stock.
- F4Represents a restricted stock unit award granted on May 12, 2014 that partially vested on May 12, 2018. The restricted stock units vest in four equal annual installments beginning on May 12, 2015 and ending on May 12, 2018.