Aaron Keay - 13 Mar 2023 Form 4 Insider Report for ALKALINE WATER Co INC (WTER)

Role
Former Director
Signature
/s/ Aaron Keay
Issuer symbol
WTER
Transactions as of
13 Mar 2023
Net transactions value
$0
Form type
4
Filing time
23 Mar 2023, 14:28:50 UTC
Previous filing
25 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WTER Common Stock 1,125,000 13 Mar 2023 Direct
holding WTER Common Stock 2,000,000 13 Mar 2023 Klutch Financial Corp.

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
holding WTER Stock Options 350,000 13 Mar 2023 Common 350,000 $1.29 Direct F1
holding WTER Stock Options 600,000 13 Mar 2023 Common 250,000 $0.5300 Direct F2
holding WTER Stock Options 850,000 13 Mar 2023 Common 250,000 $1.09 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Aaron Keay is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 1/4 of the options will vest on April 28, 2017 (the "Date of Grant"); on each anniversary date of the Date of Grant, additional 1/4 of the options will vest; provided, however, the options will stop vesting in the event that the Reporting Person's continuous service terminates (other than upon the Reporting Person's death or disability) while the options will continue vesting in the event that the Reporting Person's continuous service terminates as a result of the Reporting Person's death or disability.
F2 50% vest on April 3, 2020 and 50% vest on April 3, 2021.
F3 50% vest on March 31, 2021 and 50% vest on March 31, 2022.

Remarks:

On March 13, 2023, the Reporting Person resigned as a director of The Alkaline Water Company Inc.