Frank Lazaran - 16 May 2023 Form 4 Insider Report for ALKALINE WATER Co INC (WTER)

Role
Director
Signature
/s/ Frank Lazaran
Issuer symbol
WTER
Transactions as of
16 May 2023
Net transactions value
$0
Form type
4
Filing time
18 May 2023, 16:13:20 UTC
Previous filing
02 May 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 +26% 79,666 16 May 2023 Direct F5
holding WTER Common Stock 63,000 16 May 2023 Direct

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 6,666 16 May 2023 Common 6,666 $7.95 Direct F1, F6
holding WTER Stock Options 9,999 16 May 2023 Common 3,333 $16.35 Direct F2, F6
holding WTER Stock Options 76,665 16 May 2023 Common 66,666 $6.42 Direct F3, F6
holding WTER Stock Options 88,331 16 May 2023 Common 11,666 $3.75 Direct F4, F6
holding WTER Warrants 3,333 16 May 2023 Common 3,333 $18.75 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One third vest on each anniversary of the date of grant.
F2 50% vest on March 31, 2022 and 50% vest on March 31, 2023.
F3 50% vest on July 29, 2023 and 50% vest on July 29, 2024.
F4 50% vest on November 16, 2023 and 50% vest on November 16, 2024.
F5 These shares were granted as a restricted award under the 2020 Equity Incentive Plan and issued on May 16, 2023 upon vesting.
F6 Reflects the reverse split on the basis of 15:1 which became effective on April 5, 2023.