$WTER|4Mar 3, 2:47 PM ET

ALKALINE WATER Co INC 4

4 · ALKALINE WATER Co INC · Filed Mar 3, 2015

Form 4

Period: 2015-02-26

DirectorPresident CEO Chairman10% Owner

Transactions

Holdings

Common Stock
(indirect: By LLC)
20,300,000
Stock Options
Exercise: $0.15From: 2013-10-09Exp: 2023-10-09→ Common (3,000,000 underlying)
3,000,000
Series A Preferred Stock
10,000,000
Stock Options
Exercise: $0.15From: 2014-05-21Exp: 2024-05-21→ Common (3,000,000 underlying)
6,600,000
Common Stock
(indirect: By LLC)
21,500,000
Stock Options
Exercise: $0.17From: 2014-05-12Exp: 2019-05-12→ Common (600,000 underlying)
3,600,000

Footnotes (8)

[F1]Steven P. Nickolas is the manager of WiN Investments, LLC and holds voting and dispositive control over these shares.
[F2]Steven P. Nickolas is the manager of Lifewater Industries, LLC and holds voting and dispositive control over these shares.
[F3]The Series A Preferred Stock has 10 votes per share and is not convertible into shares of common stock.
[F4]The stock options vest as follows: (i) 1,000,000 on October 9, 2013; and (ii) 500,000 per quarter until fully vested.
[F5]The stock options vest as follows: (I) 1,500,000 on May 21, 2014 and (ii) 1,500,000 on November 21, 2014.
[F6]The exercise price of these options was reduced from $0.605 to $0.15 on October 31, 2014.
[F7]Lifewater Industries, LLC ("Lifewater") transferred 1,500,000 shares of common stock to Byrne United S.A., BVI ("Byrne") pursuant to a transfer agreement dated February 12, 2015 which served as an inducement for Byrne to enter into a loan agreement dated February 12, 2015 between Lifewater and Byrne pursuant to which Byrne loaned $300,000 to Lifewater.
[F8]As security for the loan agreement dated February 12, 2015 between Lifewater and Byrne, Lifewater also entered into a stock pledge agreement dated February 12, 2015 pursuant to which Lifewater granted a security interest in favor of Byrne for additional 1,500,000 shares of common stock.

Documents

1 file