SEC Form 4 · accession 0001209191-16-111484
Premier, Inc. · PINC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Wesley Champion
Officer — Sr. VP Premier Perf. Partners
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 4:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001577916
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 30, 2016 | M | 41,371 | $27.00 | A | 64,220 | D | |
| Class A Common Stock | Mar 30, 2016 | M | 8,197 | $31.58 | A | 72,417 | D | |
| Class A Common StockF2 | Mar 30, 2016 | S | 49,568 | $32.98 | D | 22,849 | D | |
| Class A Common Stock | Mar 31, 2016 | M | 1,619 | $27.00 | A | 24,468 | D | |
| Class A Common Stock | Mar 31, 2016 | M | 72 | $31.58 | A | 24,540 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F3 | $27.00 | Mar 30, 2016 | M | 41,371 | D | — | Jul 1, 2023 | Class A Common Stock | 41,371 | 23,114 | D |
| Option (right to buy)F4 | $31.58 | Mar 30, 2016 | M | 8,197 | D | — | Aug 28, 2024 | Class A Common Stock | 8,197 | 16,610 | D |
| Option (right to buy)F3 | $27.00 | Mar 31, 2016 | M | 1,619 | D | — | Jul 1, 2023 | Class A Common Stock | 1,619 | 21,495 | D |
| Option (right to buy)F4 | $31.58 | Mar 31, 2016 | M | 72 | D | — | Aug 28, 2024 | Class A Common Stock | 72 | 16,538 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 29, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.61 to $33.30, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 range set forth in this footnote.
- F3The right to exercise one third of the options on each of July 1, 2014, 2015 and 2016.
- F4The right to exercise one third of the options on each of August 28, 2015, 2016 and 2017.