KEAY AARON 4
4 · ALKALINE WATER Co INC · Filed Nov 18, 2021
Insider Transaction Report
Form 4
KEAY AARON
Director
Transactions
- Conversion
Common Stock
2021-09-30+1,000,000→ 1,000,000 total(indirect: Klutch Financial Corp.) - Conversion
Warrants
2021-09-30$1.25/sh+1,000,000$1,250,000→ 1,000,000 total(indirect: Klutch Financial Corp.)Exercise: $1.25From: 2021-09-30Exp: 2024-07-06→ Common (1,000,000 underlying) - Conversion
Subscription Receipts
2021-09-30−1,000,000→ 0 total(indirect: Klutch Financial Corp.)Exercise: $1.05→ Units (1,000,000 underlying)
Holdings
- 350,000
Stock Options
Exercise: $1.29From: 2017-04-28Exp: 2027-04-28→ Common (350,000 underlying) - 1,000,000(indirect: Klutch Financial Corp.)
Subscription Receipts
Exercise: $1.05→ Units (1,000,000 underlying) - 200,000
Common Stock
- 850,000
Stock Options
Exercise: $1.09From: 2021-03-31Exp: 2031-03-31→ Common (250,000 underlying) - 600,000
Stock Options
Exercise: $0.53From: 2020-04-03Exp: 2030-04-02→ Common (250,000 underlying)
Footnotes (4)
- [F1](1) 1/4 of the options will vest on April 28, 2017 (the "Date of Grant"); on each anniversary date of the Date of Grant, additional 1/4 of the options will vest; provided, however, the options will stop vesting in the event that the Reporting Person's continuous service terminates (other than upon the Reporting Person's death or disability) while the options will continue vesting in the event that the Reporting Person's continuous service terminates as a result of the Reporting Person's death or disability.
- [F2]50% vest on April 3, 2020 and 50% vest on April 3, 2021.
- [F3]50% vest on March 31, 2021 and 50% vest on March 31, 2022.
- [F4]Each Subscription Receipt was automatically converted on September 30, 2021 into units of The Alkaline Water Company Inc., with each unit consisting of one common share and one common share purchase warrant, with each share purchase warrant entitling the holder to acquire one common share at $1.25 per share for a period ending on July 6, 2024.