Premier, Inc. (NASDAQ:PINC) Files An 8-K Other Events

Item8.01 Other Events.

During Premier, Inc.s (the Company) open trading window under its
Insider Trading Policy (the Policy), named executive officers of
the Company, Susan D. DeVore, President and Chief Executive
Officer, Michael J. Alkire, Chief Operating Officer, and Durral
R. Gilbert, President of Supply Chain Services, entered into
individual prearranged Rule10b5-1trading plans (10b5-1 Plans) for
the sale of ClassA common stock of the Company. In addition, on
February10, 2017, during the last open trading window under the
Policy, Craig S. McKasson, the Companys Chief Financial Officer,
executed a 10b5-1 Plan. Ms.DeVore and Messrs. Alkire, McKasson
and Gilbert are referred to herein as the Plan Participants. It
is the Companys understanding that the 10b5-1 Plans were entered
into by the Plan Participants primarily for tax planning purposes
and financial diversification, following the 2016 vesting of
certain equity granted to the Plan Participants at the time of
the Companys initial public offering in 2013. Plan Participants
did not own any equity in the Company prior to the IPO, and the
2016 vesting of the previous equity grants resulted in
significant tax liabilities and stock ownership concentration for
Plan Participants. Each of the Plan Participants meets or is
expected to meet the applicable stock ownership requirements set
forth below in a timely manner.

The table below provides certain information regarding each Plan
Participants existing 10b5-1 Plan.

Trading under the10b5-1Plans may commence no sooner than 30 days
after the date the Plan Participant executed his or her plan and
will end on the earlier of the applicable date set forth above or
the date on which all the shares in the plan are sold. In
accordance with each 10b5-1 Plan, the sales will occur from time
to time to fixed instructions and will be executed by a
third-party broker.

As discussed in the Companys Definitive Proxy Statement, dated
October19, 2016, as filed with the Securities and Exchange
Commission (the SEC), all Plan Participants are required to meet
the Companys stock ownership requirements. To align the interests
of the Companys named executive officers and stockholders, the
Company requires each executive to accumulate and hold a
significant amount of the Companys ClassA common stock. The table
below summarizes the ownership requirements for the Plan
Participants.

As of the date hereof, all of the Plan Participants are within
the five-year phase-in period and, as stated above, each of the
Plan Participants meets or is expected to meet the applicable
ownership requirements set forth above in a timely manner.

The Plan Participants will have no control over the execution of
the transactions under their 10b5-1Plans, and transactions under
each 10b5-1 Plan will be disclosed publicly through Form 144 and
Form 4 filings with the SEC. The 10b5-1 Plans are intended to
comply with Rule 10b5-1 of the Securities
Exchange Act of 1934 and the Policy. Rule 10b5-1 allows corporate
insiders to establish prearranged written stock trading plans for
trading securities in a non-discretionary, pre-scheduled manner
to avoid concerns about initiating stock transactions when the
insider may be aware ofnon-publicinformation. A Rule 10b5-1
trading plan must be entered into in good faith at a time when
the insider is not aware of material, non-public information.
Subsequent receipt by the insider of material, non-public
information will not prevent prearranged transactions under Rule
10b5-1 from being
executed.