David Guarino - 15 Jan 2022 Form 4 Insider Report for ALKALINE WATER Co INC (WTER)

Role: CFO Secretary Treasurer, Director
Signature: /s/ David Guarino
Issuer symbol: WTER
Transactions as of: 15 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Jan 2022, 15:35:57 UTC
Next filing: 01 Apr 2022
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		+300,000	+15%		2,309,300	15 Jan 2022	Direct	F3
holding	WTER	Common Stock						2,009,300	15 Jan 2022	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						150,000	15 Jan 2022	Common	150,000	$0.5300	Direct	F1
holding	WTER	Stock Options						350,000	15 Jan 2022	Common	200,000	$1.09	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	50% vest on April 3, 2020 (the "Date of Grant") and 50% vest on the one year anniversary of the Date of Grant.
F2	50% vest on March 31, 2021 and 50% vest on March 31, 2022.
F3	These shares were granted as a restricted award under the 2020 Equity Incentive Plan and issued on January 15, 2022 upon vesting.