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
  1. 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.
  2. 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.
  3. 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.
  4. 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.