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

Role
Former Director
Signature
/s/ Aaron Keay
Stock symbol
WTER
Transactions as of
Mar 13, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 02:28 PM
Previous filing
Nov 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WTER Common Stock 1.13M Mar 13, 2023 Direct
holding WTER Common Stock 2M Mar 13, 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 350K Mar 13, 2023 Common 350K $1.29 Direct F1
holding WTER Stock Options 600K Mar 13, 2023 Common 250K $0.53 Direct F2
holding WTER Stock Options 850K Mar 13, 2023 Common 250K $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.