KEAY AARON 4

4 · ALKALINE WATER Co INC · Filed Apr 1, 2022

Form 4

Period: 2022-03-31

Director

Transactions

Holdings

Common Stock
(indirect: Klutch Financial Corp.)
1,000,000
Stock Options
Exercise: $0.53From: 2020-04-03Exp: 2030-04-02→ Common (250,000 underlying)
600,000
Common Stock
600,000
Stock Options
Exercise: $1.29From: 2017-04-28Exp: 2027-04-28→ Common (350,000 underlying)
350,000
Warrants
(indirect: Klutch Financial Corp.)
Exercise: $1.25From: 2021-09-30Exp: 2024-07-06→ Common (1,000,000 underlying)
1,000,000
Stock Options
Exercise: $1.09From: 2021-03-31Exp: 2031-03-31→ Common (250,000 underlying)
850,000

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]These shares were granted as a restricted award under the 2020 Equity Incentive Plan and issued on March 31, 2022.

Documents

1 file