Claudio Ferri - 09 Nov 2023 Form 4 Insider Report for Kisses From Italy Inc. (KITL)

Role: CEO and CIO, Director
Signature: /s/ Claudio Ferri
Issuer symbol: KITL
Transactions as of: 09 Nov 2023
Net transactions value: +$25,800
Form type: 4
Filing time: 13 Nov 2023, 07:35:55 UTC
Previous filing: 21 Aug 2023
Next filing: 23 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KITL	COMMON STOCK	Award	$25,800	+2,000,000	+2.3%	$0.0129	87,600,000	09 Nov 2023	Direct	F1
holding	KITL	COMMON STOCK						410,000	09 Nov 2023	Held in the name of the Reporting Person's Spouse.

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
holding	KITL	Class C Convertible Preferred Stock						15,100	09 Nov 2023	Common Stock			Direct	F2, F3
holding	KITL	Class C Convertible Preferred Stock						5,000	09 Nov 2023	Common Stock			Shares Held in Spouse's Name	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Awarded Bonus Shares.
F2	The Class C Convertible Preferred Stock is convertible at anytime, at the holder's election and has no expiration date. The floor price on the conversion price is set at $0.10 by the issuer.
F3	Holder has not yet elected to convert the Class C Convertible Preferred Stock to Common Stock at the time of this Statement of Changes filing. If the preferred shares were converted on the date of this filing they would equal to 603,000 shares of common stock.