KEAY AARON 4

4 · ALKALINE WATER Co INC · Filed Nov 25, 2022

Form 4

Period: 2022-11-16

Director

Transactions

Other
Stock Options
2022-11-16$0.51/sh−750,000$382,500→ 850,000 total
Exercise: $0.51From: 2023-08-23Exp: 2032-08-23→ Common (750,000 underlying)
Award
Common Stock
2022-11-16+375,000→ 1,125,000 total

Holdings

Common Stock
(indirect: Klutch Financial Corp.)
2,000,000
Common Stock
750,000
Stock Options
Exercise: $1.29From: 2017-04-28Exp: 2027-04-28→ Common (350,000 underlying)
350,000
Stock Options
Exercise: $1.09From: 2021-03-31Exp: 2031-03-31→ Common (250,000 underlying)
850,000
Stock Options
Exercise: $0.53From: 2020-04-03Exp: 2030-04-02→ Common (250,000 underlying)
600,000
Stock Options
Exercise: $0.51From: 2023-08-23Exp: 2032-08-23→ Common (750,000 underlying)
1,600,000

Footnotes (6)

[F1]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]50% vest on August 23, 2023 and 50% vest on August 23, 2024.
[F5]These options were cancelled on November 16, 2022.
[F6]These shares were granted as a restricted award under the 2020 Equity Incentive Plan and issued on November 16, 2022 upon vesting.

Documents

1 file