SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

CHESSMAN FRANK THOMAS

(Last)

(First)

(Middle)

347 SOUTH SILVERBROOK DRIVE

(Street)

ANAHEIM

92807

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/20/2023

3. Issuer Name and Ticker or Trading Symbol
ALKALINE WATER Co INC [ WTER ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	550,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options	01/29/2016⁽¹⁾	10/07/2023	Common	246,000	$0.52	D
Stock Options	04/03/2020⁽²⁾	04/02/2030	Common	300,000	$0.53	D
Stock Options	03/31/2021⁽³⁾	03/31/2031	Common	200,000	$1.09	D
Stock Options	08/23/2022⁽⁴⁾	08/23/2032	Common	500,000	$0.51	D
Stock Options	11/16/2023⁽⁵⁾	11/16/2024	Common	375,000	$0.25	D

Explanation of Responses:

1. These options vested on January 29, 2016.

2. 50% of these options vested on April 3, 2020 and 50% vested on April 3, 2021.

3. 50% of these options vested on March 31, 2021 and 50% vested on March 31, 2022.

4. 50% of these options vested on August 23, 2022 and 50% will vest on August 23, 2023.

5. 50% of these options will vest on November 16, 2023 and 50% will vest on November 16, 2024.

	/s/ Frank Chessman	03/01/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.