<SEC-DOCUMENT>0000950170-24-126631.txt : 20241113
<SEC-HEADER>0000950170-24-126631.hdr.sgml : 20241113
<ACCEPTANCE-DATETIME>20241113201136
ACCESSION NUMBER:		0000950170-24-126631
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241108
FILED AS OF DATE:		20241113
DATE AS OF CHANGE:		20241113

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lee Tony W
		CENTRAL INDEX KEY:			0001988010
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42404
		FILM NUMBER:		241456453

	MAIL ADDRESS:	
		STREET 1:		C/O ONE ROCK CAPITAL PARTNERS, LLC
		STREET 2:		45 ROCKEFELLER PLAZA, 39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Primo Brands Corp
		CENTRAL INDEX KEY:			0002042694
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				993483984
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1150 ASSEMBLY DRIVE, SUITE 800
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607
		BUSINESS PHONE:		(813) 544-8515

	MAIL ADDRESS:	
		STREET 1:		1150 ASSEMBLY DRIVE, SUITE 800
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-11-08</periodOfReport>

    <issuer>
        <issuerCik>0002042694</issuerCik>
        <issuerName>Primo Brands Corp</issuerName>
        <issuerTradingSymbol>PRMB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001988010</rptOwnerCik>
            <rptOwnerName>Lee Tony W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ONE ROCK CAPITAL PARTNERS, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>45 ROCKEFELLER PLAZA, 39TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10111</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-11-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>154105789</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>154105789</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-11-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>64512579</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>64512579</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>64512579</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to that certain Arrangement Agreement and Plan of Merger, dated June 16, 2024 (the &quot;Merger Agreement&quot;) by and among Primo Water Corporation (&quot;Primo Water&quot;), Triton Water Parent, Inc. (&quot;BlueTriton&quot;), the Issuer (f/k/a Triton US HoldCo, Inc.), and the other parties thereto, Primo Water and BlueTriton were merged with and into wholly owned subsidiaries of the Issuer, and each issued and outstanding common share of Primo Water and share of common stock of BlueTriton was converted into the Issuer's Class A Common Stock or Class B Common Stock according to the terms of the Merger Agreement.</footnote>
        <footnote id="F2">The securities reported herein are held of record by Triton Water Parent Holdings, LP (&quot;Triton Parent&quot;). ORCP III DE TopCo GP, LLC (&quot;ORC III&quot;) is the general partner of Triton Parent. Scott Spielvogel and Tony W. Lee are the managing members of ORC III and share voting and investment discretion with respect to the securities held of record by Triton Parent. Accordingly, each of the persons and entities named herein may be deemed to share beneficial ownership of the securities held of record by Triton Parent. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein, if any.</footnote>
        <footnote id="F3">The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis, provided that a holder may not convert the Class B Common Stock into shares of Class A Common Stock to the extent that, after giving effect to such conversion, any person or group, or any of their respective affiliates, would beneficially own in excess of 49.0% of the outstanding Class A Common Stock. In addition, the Class B Common Stock will automatically convert into shares of Class A Common Stock upon the earlier of (a) the occurrence of certain conditions in connection with the senior notes issued by Primo Water Holdings, Inc. or (b) 11:59 P.M. Eastern Time on April 30, 2029, as described in the Issuer's amended and restated certificate of incorporation.</footnote>
    </footnotes>

    <remarks>ORCP III DE TopCo GP, LLC, Triton Water Parent Holdings, LP and Scott Spielvogel are filing a separate Form 3 with respect to the securities reported herein.</remarks>

    <ownerSignature>
        <signatureName>/s/ Michael James, Attorney-in-Fact</signatureName>
        <signatureDate>2024-11-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
