samuel klepfish - 29 Dec 2023 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role
Director
Signature
/s/ Samuel Klepfish
Issuer symbol
IVFH
Transactions as of
29 Dec 2023
Transactions value $
$10,649
Form type
4
Filing time
03 Jan 2024, 19:23:04 UTC
Previous filing
15 Dec 2023
Next filing
23 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVFH Common Stock Gift $0 -360,000 -8.8% $0 3,722,281 29 Dec 2023 Direct F1
transaction IVFH Common Stock Tax liability $10,648 +14,390 +0.39% $0.74 3,736,671 30 Dec 2023 Direct F2

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 IVFH Stock Option Tax liability $0 -90,000 -100% $0* 0 30 Dec 2023 Common Stock 90,000 $0.62 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents a charitable donation to a charity. No value was received for the gifted shares.
F2 Reflects the cashless exercise of 90,000 stock options granted pursuant to Rule 16b-3. The reporting person received 14,390 shares of the registrant's common stock upon such cashless exercise.