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

Role: Chief Executive Officer, Director
Signature: /s/ Robert W. Bennett
Issuer symbol: IVFH
Transactions as of: 23 Jul 2024
Net transactions value: -$550,019
Form type: 4
Filing time: 23 Jul 2024, 16:30:24 UTC
Previous filing: 11 Jul 2024
Next filing: 19 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVFH	Common Stock	Sale	$550,019	-458,349	-22%	$1.20	1,583,400	23 Jul 2024	Direct	F1
holding	IVFH	Common Stock						104,910	23 Jul 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.

Content

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.

Owned by spouse. Mr. Bennett disclaims beneficial ownership of such shares.