SEC Form 4 · accession 0001209191-19-000557
Premier, Inc. · PINC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Klatsky
Officer — General Counsel
Period of report
Dec 31, 2018
Accepted (ET)
Jan 2, 2019 · 8:44 pm EST
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 | Dec 31, 2018 | M | 4,193 | $32.90 | A | 18,132 | D | |
| Class A Common Stock | Dec 31, 2018 | M | 7,855 | $31.65 | A | 25,987 | D | |
| Class A Common StockF2 | Dec 31, 2018 | S | 11,948 | $36.81 | D | 14,039 | D | |
| Class A Common Stock | Dec 31, 2018 | S | 100 | $37.19 | D | 13,939 | 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 | $32.90 | Dec 31, 2018 | M | 4,193 | D | — | Aug 25, 2027 | Class A Common Stock | 4,193 | 8,388 | D |
| Option (right to buy)F4 | $31.65 | Dec 31, 2018 | M | 7,855 | D | — | Aug 31, 2026 | Class A Common Stock | 7,855 | 4,231 | 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 November 30, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.19 to $37.14, 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 August 24, 2018, 2019 and 2020.
- F4The right to exercise one-third of the options on each of August 30, 2017, 2018 and 2019.