SEC Form 4 · accession 0001209191-19-018999
Primo Water Corp · PRMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Sheehan
Officer — President and CEO · Director
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 7:26 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 9, 2019 | M | 3,000 | $0.00 | A | 461,558 | D | |
| Common StockF2 | Mar 9, 2019 | F | 1,048 | $15.29 | D | 460,510 | D | |
| Common StockF3 | Mar 11, 2019 | F | 1,199 | $15.94 | D | 459,311 | 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 UnitsF4,F5 | — | Mar 8, 2019 | A | 9,000 | A | — | — | Common Stock | 9,000 | 9,000 | D |
| Restricted Stock UnitsF4,F6 | — | Mar 9, 2019 | M | 3,000 | D | — | — | Common Stock | 3,000 | 6,000 | D |
Explanation of responses
- F1Represents shares of common stock received upon vesting of a restricted stock unit award on March 9, 2019.
- F2Represents shares of stock withheld to pay taxes upon the vesting of a restricted stock unit award on March 9, 2019.
- F3Represents shares of stock withheld to pay taxes upon the vesting of a restricted stock unit award on March 11, 2019.
- F4Each restricted stock unit represents a contingent right to receive one share of common stock.
- F5These restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
- F6These restricted stock units vest in equal annual installments on March 9 of 2019, 2020 and 2021.