4//SEC Filing
Kilgore Jack C. 4
Accession 0001209191-20-016142
CIK 0001365101other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:43 PM ET
Size
13.0 KB
Accession
0001209191-20-016142
Insider Transaction Report
Form 4
Kilgore Jack C.
Director
Transactions
- Sale
Common Stock
2020-02-13$15.44/sh−852$13,155→ 155,696 total - Disposition to Issuer
Common Stock
2020-03-02−159,814→ 0 total - Exercise of In-Money
Warrant (right to buy)
2020-02-13−5,714→ 0 totalExercise: $2.30From: 2012-04-30Exp: 2020-04-30→ Common Stock (5,714 underlying) - Exercise of In-Money
Common Stock
2020-02-13$2.30/sh+5,714$13,142→ 156,548 total - Award
Common Stock
2020-03-02+4,118→ 159,814 total
Footnotes (3)
- [F1]Represents shares of Common Stock withheld to pay the exercise price upon the cashless exercise of a warrant to purchase Common Stock.
- [F2]Represents an award of Common Stock made in connection with the transactions contemplated by the Agreement and Plan of Merger, dated January 13, 2020 by and among Primo Water Corporation, Cott Corporation ("Cott"), Cott Holdings Inc., Fore Acquisition Corporation and Fore Merger LLC (the "Merger Agreement") in compensation for services rendered by the reporting person as a director of the issuer for the period between the issuer's 2019 Annual Meeting of Stockholders and March 2, 2020. The number of shares issued was determined in accordance with the issuer's Amended and Restated Non-Employee Director Compensation Policy.
- [F3]Disposed of pursuant to the Merger Agreement, whereby each share of Primo common stock will be exchanged for $5.04 in cash and 0.6549 common shares of Cott, or, at the election of the issuer's stockholders, for $14.00 in cash or 1.0229 common shares of Cott, subject to the proration procedures set forth in the Merger Agreement. The reporting person has agreed to elect to receive all stock consideration for his shares that are being disposed pursuant to the Merger Agreement, subject to the aforementioned proration procedures. On the effective date of the merger, the closing price of Cott's common stock was $14.62.
Documents
Issuer
Primo Water Holdings LLC
CIK 0001365101
Entity typeother
Related Parties
1- filerCIK 0001521242
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:43 PM ET
- Size
- 13.0 KB