FRANK THOMAS CHESSMAN - 16 May 2023 Form 4 Insider Report for ALKALINE WATER Co INC (WTER)

Role
CEO and President
Signature
/s/ Frank Chessman
Issuer symbol
WTER
Transactions as of
16 May 2023
Net transactions value
$0
Form type
4
Filing time
18 May 2023, 15:56:37 UTC
Previous filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTER Common Stock Award +16,666 +45% 53,333 16 May 2023 Direct F6
holding WTER Common Stock 36,667 16 May 2023 Direct F7

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 16,400 16 May 2023 Common 16,400 $7.80 Direct F1, F7
holding WTER Stock Options 36,400 16 May 2023 Common 20,000 $7.95 Direct F2, F7
holding WTER Stock Options 49,733 16 May 2023 Common 13,333 $16.35 Direct F3, F7
holding WTER Stock Options 83,066 16 May 2023 Common 33,333 $7.65 Direct F4, F7
holding WTER Stock Options 108,066 16 May 2023 Common 25,000 $3.75 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vested on January 29, 2016.
F2 50% of these options vested on April 3, 2020 and 50% vested on April 3, 2021.
F3 50% of these options vested on March 31, 2021 and 50% vested on March 31, 2022.
F4 50% of these options vested on August 23, 2022 and 50% will vest on August 23, 2023.
F5 50% of these options will vest on November 16, 2023 and 50% will vest on November 16, 2024.
F6 These shares were granted as a restricted award under the 2020 Equity Incentive Plan and issued on May 16, 2023 upon vesting.
F7 Reflects the reverse split on the basis of 15:1 which became effective on April 5, 2023.