SEC Form 4 · accession 0001140361-18-014787
ALKALINE WATER Co INC · WTER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Guarino
Officer — CFO Secretary Treasurer · Director
Period of report
May 3, 2017
Accepted (ET)
Mar 23, 2018 · 3:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001532390
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series D Preferred StockF1,F2 | May 3, 2017 | J | 1,000,000 | — | A | 1,000,000 | D | |
| Common Stock | holding | — | — | — | 610,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Series D Preferred Stock was issued on May 3, 2017 and is convertible, without the payment of any additional consideration by the holder and at the option of the holder, into one fully paid and non-assessable share of common stock at any time after (i) The Alkaline Water Company Inc. ("Alkaline Water") achieves the consolidated revenue of the company and all of its subsidiaries equal to or greater than $40,000,000 in any 12 month period, ending on the last day of any quarterly period of its fiscal year; or (ii) a Negotiated Trigger Event, defined as an event upon which the Series D Preferred Stock will be convertible as may be agreed by Alkaline Water and the holder in writing from time to time.
- F2These shares of the Series D Preferred Stock were issued in consideration for services provided by Mr. Guarino.