Robert W. Bennett - Jul 23, 2024 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Signature
/s/ Robert W. Bennett
Stock symbol
IVFH
Transactions as of
Jul 23, 2024
Transactions value $
-$550,019
Form type
4
Date filed
7/23/2024, 04:30 PM
Previous filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVFH Common Stock Sale -$550K -458K -22.45% $1.20 1.58M Jul 23, 2024 Direct F1
holding IVFH Common Stock 105K Jul 23, 2024 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person entered into two separate stock purchase agreements with (i) an entity managed by a member of the Issuer's board of directors (the "Board"), and (ii) an individual who is an executive officer of the Issuer. Pursuant to each stock purchase agreement, the Reporting Person agreed to sell shares of the Issuer's common stock to each purchaser at a price of $1.20 per share. The transactions are expected to close in the near future.
F2 Owned by spouse. Mr. Bennett disclaims beneficial ownership of such shares.