Sec Form 4 Filing - Alkire Michael J. @ Premier, Inc. - 2021-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Alkire Michael J.
2. Issuer Name and Ticker or Trading Symbol
Premier, Inc. [ PINC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2021
(Street)
CHARLOTTE, NC28277
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/31/2021 G( 1 ) V 74,590 D $ 0 232,734( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) $ 27 ( 3 ) 06/30/2023 Class A Common Stock 197,401 197,401( 4 ) D
Option (right to buy) $ 31.58 ( 5 ) 08/29/2024 Class A Common Stock 35,736 35,736( 4 ) D
Option (right to buy) $ 35.65 ( 6 ) 08/31/2025 Class A Common Stock 38,601 38,600( 4 ) D
Option (right to buy) $ 31.65 ( 7 ) 08/31/2026 Class A Common Stock 22,157 22,157( 4 ) D
Option (right to buy) $ 32.9 ( 8 ) 08/25/2027 Class A Common Stock 22,694 22,694( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Alkire Michael J.
C/O PREMIER, INC.
13034 BALLANTYNE CORPORATE PLACE
CHARLOTTE, NC28277
X President & CEO
Signatures
/s/ David L. Klatsky, Attorney-in-Fact 01/24/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On December 31, 2021, in connection with his marital separation agreement, the reporting person transferred 74,590 shares of Class A Common Stock to an irrevocable trust for which his former spouse is trustee and the reporting person is beneficiary. The reporting person has no investment control over the securities held in the irrevocable trust.
( 2 )Total also reflects the transfer by the reporting person of 74,590 shares of Class A Common Stock and 16,162 unvested restricted stock units to his former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
( 3 )The right to exercise one-third of the options on June 30 of each of 2014, 2015 and 2016.
( 4 )Total reflects the transfer by the reporting person of one-half of his outstanding options to purchase shares of Class A Common Stock to his former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
( 5 )The right to exercise one-third of the options on August 28 of each of 2015, 2016 and 2017.
( 6 )The right to exercise one-third of the options on August 30 of each of 2016, 2017 and 2018.
( 7 )The right to exercise one-third of the options on August 30 of each of 2017, 2018 and 2019.
( 8 )The right to exercise one-third of the options on August 24 of each of 2018, 2019 and 2020.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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