X0306 4 2020-03-02 1 0001365101 Primo Water Holdings LLC PRMW 0001706875 Hass David W. 101 NORTH CHERRY STREET, SUITE 501 WINSTON-SALEM NC 27101 0 1 0 0 Chief Strategy Officer Common Stock 2020-02-10 5 A 0 E 320 11.23 A 217392 D Common Stock 2020-03-02 4 M 0 29096 0.00 A 246488 D Common Stock 2020-03-02 4 M 0 16620 0.00 A 263108 D Common Stock 2020-03-02 4 D 0 45716 14.00 D 217392 D Common Stock 2020-03-02 4 D 0 217392 D 0 D Common Stock 2020-03-02 4 D 0 17901 D 0 I See Footnote Common Stock 2020-03-02 4 D 0 5250 D 0 I See Footnote Deferred Stock Units 2020-03-02 4 M 0 29096 0.00 D Common Stock 29096 0 D Deferred Stock Units 2020-03-02 4 M 0 16620 0.00 D Common Stock 16620 0 D Restricted Stock Units 2020-03-02 4 D 0 1333 0.00 D Common Stock 1333 0 D Restricted Stock Units 2020-03-02 4 D 0 4000 0.00 D Common Stock 4000 0 D Restricted Stock Units 2020-03-02 4 D 0 4000 0.00 D Common Stock 4000 0 D Restricted Stock Units 2020-03-02 4 D 0 5000 0.00 D Common Stock 5000 0 D These shares were acquired under the Primo Water Corporation Employee Stock Purchase Plan, as amended, in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d). Represents shares of Common Stock otherwise issuable in connection with the settlement of 29,096 deferred stock units into cash pursuant to the terms of the Merger Agreement (as defined in this Form 4), which such settlement is reported in Row 4 of Table I of this Form 4. Represents shares of Common Stock otherwise issuable in connection with the settlement of 16,620 deferred stock units into cash pursuant to the terms of the Merger Agreement (as defined in this Form 4), which such settlement is reported in Row 4 of Table I of this Form 4. Represents the cash settlement of the shares of Common Stock issuable upon the settlement of deferred stock units on March 2, 2020 pursuant to the terms of the Merger Agreement (as defined in this Form 4). Disposed of pursuant to 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"), 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. Held by David W. Hass Living Trust, of which David Hass is a trustee. These shares of common stock are owned by HB Capital LLC, of which David Hass is a member. Mr. Hass may be deemed an indirect beneficial owner of the securities held directly by HB Capital LLC. Mr. Hass disclaims beneficial ownership of the securities held directly by HB Capital LLC, except to the extent of his pecuniary interest therein. Each deferred stock unit has a value as of a given date equal to the fair market value of one share of Primo Water Corporation common stock. Represents deferred stock units settled into cash on March 2, 2020 pursuant to the terms of the Merger Agreement as reported in Table I of this Form 4. Each restricted stock unit represents a contingent right to receive one share of common stock. Represents a restricted stock unit award granted on March 20, 2017 that was scheduled to vest in three equal annual installments beginning on March 20, 2018. As of the date of the merger, 1,333 shares subject to such restricted stock unit award remained unvested. Pursuant to the Merger Agreement, the restricted stock unit award was assumed by Cott and converted into a restricted stock unit award covering 1,363 shares of Cott common stock, which are scheduled to vest on March 20, 2020. Represents a restricted stock unit award granted on May 31, 2017 that was scheduled to vest in four equal annual installments beginning on May 31, 2018. As of the date of the merger, 4,000 shares subject to such restricted stock unit award remained unvested. Pursuant to the Merger Agreement, the restricted stock unit award was assumed by Cott and converted into a restricted stock unit award covering 4,091 shares of Cott common stock, which are scheduled to vest in two equal annual installments beginning on May 31, 2020. Represents a restricted stock unit award granted on March 9, 2018 that was scheduled to vest in three equal annual installments beginning on March 9, 2019. As of the date of the merger, 4,000 shares subject to such restricted stock unit award remained unvested. Pursuant to the Merger Agreement, the restricted stock unit award was assumed by Cott and converted into a restricted stock unit award covering 4,091 shares of Cott common stock, which are scheduled to vest in two equal annual installments beginning on March 9, 2020. Represents a restricted stock unit award granted on March 8, 2019 that was scheduled to vest in three equal annual installments beginning on March 8, 2020. As of the date of the merger, all 5,000 shares subject to such restricted stock unit award remained unvested. Pursuant to the Merger Agreement, the restricted stock unit award was assumed by Cott and converted into a restricted stock unit award covering 5,114 shares of Cott common stock, which are scheduled to vest in three equal annual installments beginning March 8, 2020. /s/ David W. Hass by Michael H. Hutson, attorney-in-fact 2020-03-04