Hinson Charles R. 4
4 · COTT CORP /CN/ · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Hinson Charles R.
CEO- S&D Coffee and Tea
Transactions
- Award
Common Shares
2020-02-28$14.25/sh+176,574$2,516,180→ 384,759 total - Tax Payment
Common Shares
2020-02-28$14.25/sh−80,059$1,140,841→ 304,700 total - Tax Payment
Common Shares
2020-02-28$14.25/sh−3,861$55,019→ 300,839 total - Award
Common Shares
2020-02-28$14.25/sh+19,158$273,002→ 319,997 total - Tax Payment
Common Shares
2020-02-28$14.25/sh−8,687$123,790→ 311,310 total
Footnotes (5)
- [F1]On February 28, 2020, Cott Corporation completed the sale of its S&D Coffee and Tea subsidiary to a privately held acquirer (the "Sale"). As Chief Executive Officer of the S&D Coffee and Tea subsidiary, the Reporting Person ceased to be an executive officer of Cott Corporation as of that date. This award represents the number of common shares issued in connection with the Sale.
- [F2]Represents the number of common shares withheld to satisfy tax obligations due upon the issuance of common shares described in footnote 1.
- [F3]Represents 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 11, 2018, which vesting was accelerated as a result of the Sale.
- [F4]Represents performance-based units granted to the Reporting Person on December 11, 2018, which vested on an accelerated basis on February 28, 2020 as a result of the Sale.
- [F5]Represents the number of common shares withheld to satisfy tax obligations due upon the accelerated vesting described in footnote 4.