Cammarata Michael 4
4 · Neptune Wellness Solutions Inc. · Filed May 5, 2022
Insider Transaction Report
Form 4
Cammarata Michael
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Shares
2022-05-02+77,777→ 8,712,321 total - Tax Payment
Common Shares
2022-05-04$0.17/sh−1,202,191$207,138→ 10,534,648 total - Exercise/Conversion
Restricted Share Units
2022-05-02−77,777→ 155,554 total→ Common Shares (77,777 underlying) - Exercise/Conversion
Restricted Share Units
2022-05-04−3,055,123→ 0 total→ Common Shares (3,055,123 underlying) - Tax Payment
Common Shares
2022-05-02$0.17/sh−30,605$5,200→ 8,681,716 total - Exercise/Conversion
Common Shares
2022-05-04+3,055,123→ 11,736,839 total - Award
Restricted Share Units
2022-05-04+3,055,123→ 3,055,123 total→ Common Shares (3,055,123 underlying)
Footnotes (4)
- [F1]The restricted share units ("RSUs") vest immediately. Each RSU represents the contingent right to receive one common share upon vesting of the unit.
- [F2]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the settlement of vested RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F3]On July 8, 2019, the reporting person was granted 2,800,000 RSUs, subject to vesting and settlement as described in the reporting person's Form 3 filed on April 1, 2022.
- [F4]The RSUs vest immediately.