SEC Form 4 · accession 0001209191-18-049074
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A Norris
Director
Period of report
Aug 29, 2018
Accepted (ET)
Aug 31, 2018 · 4:07 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,F2,F3 | Aug 29, 2018 | S | 25,000 | $20.004 | D | 387,314 | I | See Footnote |
| Common StockF4,F2,F3 | Aug 30, 2018 | S | 25,000 | $20.14 | D | 362,314 | I | See Footnote |
| Common StockF2 | holding | — | — | — | 4,282 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.96 to $20.04, inclusive. The reporting person undertakes to provide to Primo Water Corporation, any security holder of Primo Water Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2On August 22, 2018, the reporting person inadvertently reported on a Form 4 that, following the reporting person's sale of shares of common stock of Primo Water Corporation, the reporting person indirectly owned 249,045 shares of common stock through the Charles A. Norris & Margaret T. Norris TR UA 18-Jun-02 Norris Trust (the "Norris Trust"), of which the reporting person is a co-trustee, and directly owned 167,556 shares of common stock (the "Directly Owned Shares"). As reported in this Form 4, all but 4,282 of the shares of common stock previously reported as Directly Owned Shares are in fact indirectly owned by the reporting person through the Norris Trust. This Form 4 corrects the inadvertent misallocation of shares of common stock as between direct and indirect ownership on the previous Form 4.
- F3Held by the Charles A. Norris & Margaret T. Norris TR UA 18-Jun-02 Norris Trust, of which Mr. Norris is a co-trustee.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.005 to $20.21, inclusive. The reporting person undertakes to provide to Primo Water Corporation, any security holder of Primo Water Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.