Raymond Silcock - Aug 18, 2022 Form 4 Insider Report for Neptune Wellness Solutions Inc. (NEPT)

Role
Chief Financial Officer
Signature
/s/ Christopher Piazza for Raymond Silcock as Attorney-in-Fact
Stock symbol
NEPT
Transactions as of
Aug 18, 2022
Transactions value $
$0
Form type
4
Date filed
8/22/2022, 04:44 PM
Previous filing
Jul 29, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NEPT Option (right to buy) Award $0 +114K $0.00 114K Aug 18, 2022 Common Shares 114K $1.55 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted by the Issuer as an inducement material to the Reporting Person entering into employment with the Issuer pursuant to the Issuer's Stock Option Plan.
F2 The options will vest over four years, as follows: 1/12 will vest on September 30, 2022 with the remaining 11/12 vesting in 11 equal quarterly installments at the end of each quarter thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.