SEC Form 4 · accession 0001209191-17-065358
COTT CORP /CN/ · COT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Wells
Officer — CFO
Period of report
Dec 6, 2017
Accepted (ET)
Dec 13, 2017 · 11:46 am EST
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 SharesF1 | Dec 6, 2017 | F | 1,815 | $17.44 | D | 122,049 | D | |
| Common SharesF2 | Dec 7, 2017 | A | 12,714 | $0.00 | A | 134,763 | 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 | $17.50 | Dec 7, 2017 | A | 69,242 | A | — | Dec 7, 2027 | Common Shares | 69,242 | 69,242 | D |
Explanation of responses
- F1Represents the number of common shares withheld to satisfy tax obligations due upon the vesting of time-based units granted to the Reporting Person on December 6, 2016.
- F2Represents time-based restricted share units ("RSUs"), which are contingent rights to receive common shares. RSUs that have not been forfeited shall vest in equal one-third installments on each of the first, second and third anniversaries of the grant date.
- F3Represents an option to purchase 69,242 common shares of Cott. The option vests in equal one-third installments on each of the first, second and third anniversaries of the grant date.