X0306 4 2019-09-27 0 0001311538 Castle Brands Inc ROX 0001529311 Pena Mariani Maria Alejandra C/O CASTLE BRANDS INC. 122 E. 42 ST., SUITE 5000 NEW YORK NY 10168 0 1 0 0 SVP-Marketing Common Stock 2019-09-27 4 S 0 10875 1.265 D 201994 D Common Stock 2019-09-30 4 M 0 14125 0.26 A 216119 D Common Stock 2019-09-30 4 M 0 20000 0.31 A 236119 D Common Stock 2019-09-30 4 M 0 50000 0.38 A 286119 D Common Stock 2019-09-30 4 M 0 70000 1.00 A 356119 D Common Stock 2019-09-30 4 M 0 127500 0.90 A 483619 D Common Stock 2019-09-30 4 S 0 160925 1.265 D 322694 D Stock Option (Right to Buy) 0.26 2019-09-30 4 M 0 14125 0.00 D 2021-09-06 Common Stock 14125 0 D Stock Option (Right to Buy) 0.31 2019-09-30 4 M 0 20000 0.00 D 2022-06-08 Common Stock 20000 0 D Stock Option (Right to Buy) 0.38 2019-09-30 4 M 0 50000 0.00 D 2023-06-05 Common Stock 50000 0 D Stock Option (Right to Buy) 1.00 2019-09-30 4 M 0 70000 0.00 D 2024-05-28 Common Stock 70000 0 D Stock Option (Right to Buy) 0.90 2019-09-30 4 M 0 127500 0.00 D 2026-06-03 Common Stock 127500 42500 D The option vested in four equal annual installments commencing on September 6, 2012. The option vested in four equal annual installments commencing on June 8, 2013. The option vested in four equal annual installments commencing on June 5, 2014. The option vested in four equal annual installments commencing on May 28, 2015. The option vests in four equal annual installments commencing on June 3, 2017, provided that Ms. Pena is then still an employee of the Company, subject to earlier vesting in the event of death, disability or a "Change of Control." /s/ Maria Alejandra Pena Mariani 2019-10-02