Raymond Silcock - 18 Aug 2022 Form 4 Insider Report for Neptune Wellness Solutions Inc.

Role
Chief Financial Officer
Signature
/s/ Christopher Piazza for Raymond Silcock as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
18 Aug 2022
Net transactions value
$0
Form type
4
Filing time
22 Aug 2022, 16:44:40 UTC
Previous filing
29 Jul 2022
SEC
View on sec.gov

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 Option (right to buy) Award $0 +114,286 $0.000000 114,286 18 Aug 2022 Common Shares 114,286 $1.55 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted by the Issuer as an inducement material to the Reporting Person entering into employment with the Issuer pursuant to the Issuer's Stock Option Plan.
F2 The options will vest over four years, as follows: 1/12 will vest on September 30, 2022 with the remaining 11/12 vesting in 11 equal quarterly installments at the end of each quarter thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.