Ausher Jason R 4
4 · Primo Water Corp /CN/ · Filed Nov 12, 2024
Insider Transaction Report
Form 4
Ausher Jason R
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Shares
2024-11-08−58,431→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2024-11-08−12,593→ 0 totalExercise: $14.68Exp: 2028-12-11→ Common Shares (12,593 underlying) - Disposition to Issuer
Stock Option (right to buy)
2024-11-08−10,503→ 0 totalExercise: $17.50Exp: 2027-12-07→ Common Shares (10,503 underlying) - Disposition to Issuer
Stock Option (right to buy)
2024-11-08−14,846→ 0 totalExercise: $13.67Exp: 2029-12-11→ Common Shares (14,846 underlying) - Disposition to Issuer
Stock Option (right to buy)
2024-11-08−10,635→ 0 totalExercise: $15.84Exp: 2030-12-09→ Common Shares (10,635 underlying)
Footnotes (2)
- [F1]The reported securities include 9,690 shares underlying time-based restricted share units ("RSUs") that have not yet vested. Pursuant to that certain Arrangement Agreement and Plan of Merger, dated June 16, 2024, (as amended, the "Arrangement Agreement"), by and among the Issuer, Triton Water Parent, Inc. ("BlueTriton"), Triton US HoldCo, Inc., a wholly-owned subsidiary of BlueTriton ("Primo Brands Corporation" formerly referred to as "NewCo"), Triton Merger Sub 1, Inc., a wholly-owned subsidiary of Primo Brands Corporation and 1000922661 Ontario Inc., a wholly-owned subsidiary of Primo Brands Corporation, the reported securities were disposed of in exchange for shares or RSUs, as the case may be, of Primo Brands Corporation Class A common stock at an exchange ratio of 1:1.
- [F2]Pursuant to the Arrangement Agreement, the reported stock options were disposed of in exchange for stock options to purchase Class A common shares of Primo Brands Corporation on the same terms and conditions of the Reporting Person's existing option grant award.