Jefferson Gramm - 17 Jul 2024 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role: Director
Signature: /s/ Jefferson Gramm
Issuer symbol: IVFH
Transactions as of: 17 Jul 2024
Net transactions value: +$1,330,019
Form type: 4
Filing time: 19 Jul 2024, 17:50:05 UTC
Previous filing: 10 Feb 2023
Next filing: 23 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVFH	Common Stock, par value $0.0001 per share	Purchase	$1,020,000	+850,000	+24%	$1.20	4,335,000	17 Jul 2024	By Bandera Master Fund L.P.	F1, F2
transaction	IVFH	Common Stock, par value $0.0001 per share	Purchase	$310,019	+258,349	+6%	$1.20	4,593,349	17 Jul 2024	By Bandera Master Fund L.P.	F1, F2

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

Explanation of Responses:

Id	Content
F1	Securities beneficially owned by Bandera Master Fund L.P. ("Bandera Master Fund"). Mr. Gramm, by virtue of his position as a Managing Member of Bandera Partners LLC, the investment manager of Bandera Master Fund, may be deemed to beneficially own the securities beneficially owned by Bandera Master Fund. Mr. Gramm disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Gramm is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2	On July 17, 2024, Bandera Master Fund entered into separate securities purchase agreements with each of Sam Klepfish and Robert William (Bill) Bennett pursuant to which Bandera Master Fund agreed to purchase certain securities of the Issuer held directly by each of such persons. These transactions are expected to close in the near future.

Content

Securities beneficially owned by Bandera Master Fund L.P. ("Bandera Master Fund"). Mr. Gramm, by virtue of his position as a Managing Member of Bandera Partners LLC, the investment manager of Bandera Master Fund, may be deemed to beneficially own the securities beneficially owned by Bandera Master Fund. Mr. Gramm disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Gramm is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

On July 17, 2024, Bandera Master Fund entered into separate securities purchase agreements with each of Sam Klepfish and Robert William (Bill) Bennett pursuant to which Bandera Master Fund agreed to purchase certain securities of the Issuer held directly by each of such persons. These transactions are expected to close in the near future.