Sec Form 4 Filing - SILCOCK RAYMOND @ Neptune Wellness Solutions Inc. - 2022-08-18

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person SILCOCK RAYMOND 2. Issuer Name and Ticker or Trading Symbol Neptune Wellness Solutions Inc. [ NEPT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) C/O NEPTUNE WELLNESS SOLUTIONS INC., 100-545 PROMENADE DU CENTROPOLIS 3. Date of Earliest Transaction (MM/DD/YY) 08/18/2022 (Street) LAVAL, A8H7T 0A3 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option (right to buy)( 1 ) $ 1.55 08/18/2022 A 114,286 ( 2 ) 08/18/2027 Common Shares 114,286 $ 0 114,286 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SILCOCK RAYMOND C/O NEPTUNE WELLNESS SOLUTIONS INC. 100-545 PROMENADE DU CENTROPOLIS LAVAL, A8H7T 0A3 Chief Financial Officer Signatures /s/ Christopher Piazza for Raymond Silcock as Attorney-in-Fact 08/22/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )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.

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 4(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.
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