Form: 3

Initial statement of beneficial ownership of securities

April 1, 2020

Documents

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Canan John
 2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2020		 3. Issuer Name and Ticker or Trading Symbol
Acasti Pharma Inc. [ACST]
(Last)
(First)
(Middle)
C/O ACASTI PHARMA INC., 545 PROMENADE DU CENTROPOLIS, SUITE 100		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LAVAL, A8 H7T 0A3		 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 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 Shares 100,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Share Option (Right to Buy)   (1) 02/24/2027 Common Shares 50,000 $ 1.65 (8) D  
Share Option (Right to Buy)   (2) 06/14/2027 Common Shares 17,400 $ 1.77 (8) D  
Share Option (Right to Buy)   (3) 06/14/2027 Common Shares 11,600 $ 1.77 (8) D  
Share Option (Right to Buy)   (4) 07/02/2028 Common Shares 60,283 $ 0.77 (8) D  
Share Option (Right to Buy)   (5) 04/15/2029 Common Shares 13,300 $ 1.28 (8) D  
Share Option (Right to Buy)   (6) 04/15/2029 Common Shares 45,400 $ 1.28 (8) D  
Share Option (Right to Buy)   (7) 03/31/2030 Common Shares 86,000 $ 0.53 (8) D  
Warrants 02/21/2017 02/21/2022 Common Shares 17,500 $ 2.15 (8) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Canan John
C/O ACASTI PHARMA INC.
545 PROMENADE DU CENTROPOLIS, SUITE 100
LAVAL, A8 H7T 0A3		   X      

Signatures

/s/ Kelsey Weiner, Attorney-in-Fact 04/01/2020
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Represents 50,000 common shares underlying 50,000 share options granted on February 24, 2017. These share options vested in 6 equal installments on a quarterly basis starting from February 24, 2017 until August 24, 2018.
(2) Represents 17,400 common shares underlying 17,400 share options granted on June 14, 2017. These share options vested in 6 equal installments on a quarterly basis starting from June 14, 2017 until December 14, 2018.
(3) Represents 11,600 common shares underlying 11,600 share options granted on June 14, 2017. These share options vested in 6 equal installments on a quarterly basis starting from June 14, 2017 until June 14, 2018.
(4) Represents 60,283 common shares underlying 60,283 share options granted on July 2, 2018. These share options vested in 6 equal installments on a quarterly basis starting from July 2, 2018 until January 2, 2020.
(5) Represents 13,300 common shares underlying 13,300 share options granted on April 15, 2019. These share options vest in 6 equal installments on a quarterly basis starting from April 15, 2019 until October 15, 2020.
(6) Represents 45,400 common shares underlying 45,400 share options granted on April 15, 2019. These share options vest in 6 equal installments on a quarterly basis starting from April 15, 2019 until October 15, 2020.
(7) Represents 86,000 common shares underlying 86,000 share options granted on March 31, 2020. These share options vest in 12 equal installments on a monthly basis starting from March 31, 2020 until March 31, 2021.
(8) Canadian dollars.
 
Remarks:
Exhibit List - Exhibit 24 - Power of Attorney

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