SEC Form 4 · accession 0001209191-16-136824
COTT CORP /CN/ · COT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy S G Fowden
Officer — Chief Executive Officer · Director
Period of report
Aug 11, 2016
Accepted (ET)
Aug 12, 2016 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884713
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Aug 11, 2016 | M | 148,515 | $6.58 | A | 892,500 | D | |
| Common SharesF2 | Aug 11, 2016 | S | 148,515 | $17.0862 | D | 743,985 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $6.58 | Aug 11, 2016 | M | 148,515 | D | — | Feb 20, 2022 | Common Shares | 148,515 | 0 | D |
Explanation of responses
- F1This cashless exercise and sale of options was effected by the reporting person for U.K. and U.S. tax planning purposes.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.17. The reporting person undertakes to provide to Cott, any security holder of Cott, 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.
- F3The reporting person was awarded an option to purchase 148,515 common shares of Cott on February 21, 2012 under the 2010 Equity Incentive Plan. The option cliff vested on the last day of Cott's 2014 fiscal year.