4//SEC Filing
RAUCH DAVID ERIC 4
Accession 0001085037-23-000067
CIK 0001532390other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 6:48 PM ET
Size
9.2 KB
Accession
0001085037-23-000067
Insider Transaction Report
Form 4
RAUCH DAVID ERIC
Director
Transactions
- Award
Common Stock
2023-05-16+3,333→ 3,333 total
Holdings
- 5,334(indirect: By Trust)
Common Stock
- 6,666
Stock Options
Exercise: $3.75From: 2023-11-16Exp: 2032-11-16→ Common (6,666 underlying) - 100,000(indirect: By Trust)
Series E Preferred Stock
Footnotes (5)
- [F1]Each share of Series E Preferred Stock is convertible, after November 23, 2023, at the option of The Alkaline Water Company Inc. (the Company), into that number of units of the Company (each, a Unit) determined by dividing the stated value ($1.00 per share) of such share by $3.75. Each Unit will consist of one share of common stock and one-half of one warrant with each whole warrant entitling the holder to acquire one share of common stock at an exercise price of $4.6875 for three years following conversion. A holder may, at its option, after January 31, 2023, convert all, but no less than all, of shares of Series E Preferred Stock held by such holder into that number of Units determined by dividing the stated value of such shares by $3.75. Each share of the Series E Preferred Stock will also automatically convert, upon the occurrence of a certain fundamental transaction, into that number of Units determined by dividing the stated value of such share by $3.75.
- [F2]David Rauch and Julie Rauch are the only trustees and the only beneficiaries of the David and Julie Rauch Trust. Julie Rauch is the spouse of David Rauch.
- [F3]These options vest as follows: (i) 50% on the first year anniversary of the grant date and (ii) 50% on the second year anniversary of the grant date.
- [F4]These shares were granted as a restricted award under the 2020 Equity Incentive Plan and issued on May 16, 2023 upon vesting.
- [F5]Reflects the reverse split on the basis of 15:1 which became effective on April 5, 2023.
Documents
Issuer
ALKALINE WATER Co INC
CIK 0001532390
Entity typeother
Related Parties
1- filerCIK 0001952472
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 6:48 PM ET
- Size
- 9.2 KB