Michael Cammarata - Aug 2, 2022 Form 4/A - Amendment Insider Report for Neptune Wellness Solutions Inc. (NEPT)

Role
President and CEO, Director
Signature
/s/ Christopher Piazza for Michael Cammarata as Attorney-in-Fact
Stock symbol
NEPT
Transactions as of
Aug 2, 2022
Transactions value $
-$2,134
Form type
4/A - Amendment
Date filed
8/4/2022, 06:12 AM
Date Of Original Report
Aug 3, 2022
Previous filing
May 5, 2022
Next filing
Aug 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEPT Common Shares Options Exercise +4.45K +1.48% 305K Aug 2, 2022 Direct F1, F2, F3
transaction NEPT Common Shares Tax liability -$2.13K -1.75K -0.57% $1.22 304K Aug 2, 2022 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NEPT Restricted Share Units Options Exercise $0 -4.45K -100% $0.00* 0 May 2, 2022 Common Shares 4.45K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Correction to the number of shares reported as delivered to reporting person.
F2 Each RSU represents the contingent right to receive one common share upon vesting of the unit.
F3 On June 13, 2022, the Issuer effected a 1-for-35 reverse share split of its common shares (the "Reverse Share Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Share Split.
F4 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the settlement of vested RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.