Cammarata Michael 4
4 · Neptune Wellness Solutions Inc. · Filed Dec 29, 2022
Insider Transaction Report
Form 4
Cammarata Michael
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Shares
2022-12-27+87,289→ 496,858 total - Tax Payment
Common Shares
2022-12-27$0.25/sh−34,348$8,587→ 462,510 total - Exercise/Conversion
Restricted Share Units
2022-12-27−87,289→ 0 total→ Common Shares (87,289 underlying) - Award
Restricted Share Units
2022-12-27+87,289→ 87,289 total→ Common Shares (87,289 underlying)
Footnotes (2)
- [F1]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.