Filing Details
- Accession Number:
- 0001567619-22-020896
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-25 19:52:09
- Reporting Period:
- 2022-11-23
- Accepted Time:
- 2022-11-25 19:52:09
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1532390 | Alkaline Water Co Inc | WTER | Wholesale-Groceries & Related Products (5140) | 990367049 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1952472 | Eric David Rauch | 16767 N Perimeter Drive, Suite 320 Scottsdale AZ 85260 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2022-11-23 | 80,000 | $0.25 | 80,000 | No | 4 | P | Indirect | David and Julie Rauch Trust |
Series E Preferred Stock | Acquisiton | 2022-11-23 | 100,000 | $1.00 | 100,000 | No | 4 | P | Indirect | David and Julie Rauch Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | David and Julie Rauch Trust |
No | 4 | P | Indirect | David and Julie Rauch Trust |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common | Stock Options | $0.25 | 2022-11-16 | 2032-11-16 | 100,000 | 100,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2032-11-16 | 100,000 | 100,000 | Direct |
Footnotes
- These shares are issued at a deemed price of $0.25 in consideration for the execution of a subscription agreement for the purchase of the Series E Preferred Stock.
- 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 $0.25. 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 $0.3125 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 $0.25. 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 $0.25.
- 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.
- 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.