Brady Smallwood - 07 Jul 2023 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role
Chief Operating Officer, Director
Signature
/s/ Brady Smallwood
Issuer symbol
IVFH
Transactions as of
07 Jul 2023
Net transactions value
$0
Form type
4
Filing time
11 Jul 2023, 16:03:28 UTC
Previous filing
24 May 2023
Next filing
21 Aug 2023
SEC
View on sec.gov

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 Appreciation Rights Award $0 +1,500,000 $0.000000 1,500,000 07 Jul 2023 Common Stock 1,500,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 7, 2023, the Reporting Person was granted 1,500,000 fully vested Stock Appreciation Rights ("SARs"). The exercise price per SAR is $2.00 with respect to 750,000 SARs and $1.50 with respect to 750,000 SARs. Upon exercise, the SARs may be settled in cash, in shares of the Issuer's common stock, or in some combination thereof.