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Ownership Document
|
| Schema Version: X0206 |
| Document Type: 3 |
| Period of Report: 6/26/20 |
| No Securities Owned: 0 |
| Issuer: |
| Issuer CIK: 884713 |
| Issuer Name: Primo Water Corp /CN/ |
| Issuer Trading Symbol: PRMW |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1815057 |
| | Owner Name: Muscato David |
| Reporting Owner Address: |
| | Owner Street 1: 4221 WEST BOY SCOUT BOULEVARD |
| | Owner Street 2: |
| | Owner City: TAMPA |
| | Owner State: FL |
| | Owner ZIP Code: 33607 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President, North America |
| Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Shares |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 51,307 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 14.58 |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 4/16/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Shares |
| | | Underlying Security Shares: |
| Value: 221,130 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 13.67 |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Value: 12/11/29 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Shares |
| | | Underlying Security Shares: |
| Value: 82,478 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 34,292 of the reported shares are unvested time-based restricted share units, which will vest on various dates between 2020 and 2022. |
| Footnote - F2: Represents an option granted on April 16, 2018. The option vests in equal one-fourth installments on each of the first, second, third and fourth anniversaries of the grant date. The first installment and second installment have vested. |
| Footnote - F3: Represents an option granted on December 11, 2019. The option vests in equal one-third installments on each of the first, second and third anniversaries of the grant date. |
| Remarks: Exhibit List Exhibit 24 - Power of Attorney |
| Owner Signature: |
| Signature Name: /s/ Marni Morgan Poe, Attorney-in-Fact |
| Signature Date: 6/30/20 |
