Michael Cammarata - 02 Aug 2022 Form 4/A - Amendment Insider Report for Neptune Wellness Solutions Inc.

Role: President and CEO, Director
Signature: /s/ Christopher Piazza for Michael Cammarata as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 02 Aug 2022
Net transactions value: -$2,134
Form type: 4/A - Amendment
Filing time: 04 Aug 2022, 06:12:57 UTC
Date Of Original Report: 03 Aug 2022
Previous filing: 05 May 2022
Next filing: 19 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEPT	Common Shares	Options Exercise		+4,445	+1.5%		305,435	02 Aug 2022	Direct	F1, F2, F3
transaction	NEPT	Common Shares	Tax liability	$2,134	-1,749	-0.57%	$1.22	303,686	02 Aug 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	-4,445	-100%	$0.000000^*	0	02 May 2022	Common Shares	4,445		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.