MILLS DAVID J (Chief Financial Officer) exercised options at PRIMO WATER HOLDINGS LLC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 6 exercises

MILLS DAVID J

Filed: 2/5/2020ACC: 0001209191-20-007012

InsiderMILLS DAVID JCIK 1332107

→

IssuerPRIMO WATER HOLDINGS LLCCIK 1365101

Officer· Chief Financial Officer

Since Jan 2019

-52.72K

Net shares

Net seller

$799.3K

Total sold

Open market trades

0B · 0S

Total transactions

120K acquired · 172.72K disposed

Non-Derivative Transactions12

Common Stock

Direct

M · Option Exercise

+10K

Price / share

$12.33

Trade value

$123.30K

% of position

9.2%

2/3/2020

108.50K→118.50K

Common Stock

Direct

F · Tax Withholding

−8.67K

Price / share

$15.16

Trade value

$131.45K

% of position

7.3%

2/3/2020

118.50K→109.83K

Common Stock

Direct

M · Option Exercise

+15K

Price / share

$2.65

Trade value

$39.75K

% of position

13.7%

2/3/2020

109.83K→124.83K

Common Stock

Direct

F · Tax Withholding

−6.29K

Price / share

$15.16

Trade value

$95.40K

% of position

5.0%

2/3/2020

124.83K→118.54K

Common Stock

Direct

M · Option Exercise

+15K

Price / share

$1.39

Trade value

$20.85K

% of position

12.7%

2/3/2020

118.54K→133.54K

Common Stock

Direct

F · Tax Withholding

−5.42K

Price / share

$15.16

Trade value

$82.20K

% of position

4.1%

2/3/2020

133.54K→128.12K

Common Stock

Direct

M · Option Exercise

+50K

Price / share

$1.07

Trade value

$53.50K

% of position

39.0%

2/3/2020

128.12K→178.12K

Common Stock

Direct

F · Tax Withholding

−17.33K

Price / share

$15.16

Trade value

$262.74K

% of position

9.7%

2/3/2020

178.12K→160.79K

Common Stock

Direct

M · Option Exercise

+15K

Price / share

$3.43

Trade value

$51.45K

% of position

9.3%

2/3/2020

160.79K→175.79K

Common Stock

Direct

F · Tax Withholding

−6.84K

Price / share

$15.16

Trade value

$103.71K

% of position

3.9%

2/3/2020

175.79K→168.94K

Common Stock

Direct

M · Option Exercise

+15K

Price / share

$5.33

Trade value

$79.95K

% of position

8.9%

2/3/2020

168.94K→183.94K

Common Stock

Direct

F · Tax Withholding

−8.16K

Price / share

$15.16

Trade value

$123.75K

% of position

4.4%

2/3/2020

183.94K→175.78K

Total

Net shares

+67.28K

Net value

-$430.45K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/3/2020	M · Option Exercise	+10K	$12.33	$123.30K	9.2%	108.50K	118.50K
Common Stock Direct	2/3/2020	F · Tax Withholding	−8.67K	$15.16	$131.45K	7.3%	118.50K	109.83K
Common Stock Direct	2/3/2020	M · Option Exercise	+15K	$2.65	$39.75K	13.7%	109.83K	124.83K
Common Stock Direct	2/3/2020	F · Tax Withholding	−6.29K	$15.16	$95.40K	5.0%	124.83K	118.54K
Common Stock Direct	2/3/2020	M · Option Exercise	+15K	$1.39	$20.85K	12.7%	118.54K	133.54K
Common Stock Direct	2/3/2020	F · Tax Withholding	−5.42K	$15.16	$82.20K	4.1%	133.54K	128.12K
Common Stock Direct	2/3/2020	M · Option Exercise	+50K	$1.07	$53.50K	39.0%	128.12K	178.12K
Common Stock Direct	2/3/2020	F · Tax Withholding	−17.33K	$15.16	$262.74K	9.7%	178.12K	160.79K
Common Stock Direct	2/3/2020	M · Option Exercise	+15K	$3.43	$51.45K	9.3%	160.79K	175.79K
Common Stock Direct	2/3/2020	F · Tax Withholding	−6.84K	$15.16	$103.71K	3.9%	175.79K	168.94K
Common Stock Direct	2/3/2020	M · Option Exercise	+15K	$5.33	$79.95K	8.9%	168.94K	183.94K
Common Stock Direct	2/3/2020	F · Tax Withholding	−8.16K	$15.16	$123.75K	4.4%	183.94K	175.78K
Total			+67.28K		-$430.45K

Derivative Transactions6

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

10K shares

−10K

Strike price

12.33

Held after

0.00

Exercisable

—

2/3/2020

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

15K shares

−15K

Strike price

2.65

Held after

0.00

Exercisable

—

2/3/2020

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

15K shares

−15K

Strike price

1.39

Held after

0.00

Exercisable

—

2/3/2020

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

50K shares

−50K

Strike price

1.07

Held after

0.00

Exercisable

—

2/3/2020

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

15K shares

−15K

Strike price

3.43

Held after

0.00

Exercisable

—

2/3/2020

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

15K shares

−15K

Strike price

5.33

Held after

0.00

Exercisable

—

2/3/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Option (right to buy) Direct	Common Stock10K shares	2/3/2020	M · Option Exercise	−10K	12.33	—
Stock Option (right to buy) Direct	Common Stock15K shares	2/3/2020	M · Option Exercise	−15K	2.65	—
Stock Option (right to buy) Direct	Common Stock15K shares	2/3/2020	M · Option Exercise	−15K	1.39	—
Stock Option (right to buy) Direct	Common Stock50K shares	2/3/2020	M · Option Exercise	−50K	1.07	—
Stock Option (right to buy) Direct	Common Stock15K shares	2/3/2020	M · Option Exercise	−15K	3.43	—
Stock Option (right to buy) Direct	Common Stock15K shares	2/3/2020	M · Option Exercise	−15K	5.33	—