Samuel Klepfish - 23 Jul 2024 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role
Director
Signature
/s/ Samuel Klepfish
Issuer symbol
IVFH
Transactions as of
23 Jul 2024
Net transactions value
-$1,440,000
Form type
4
Filing time
23 Jul 2024, 16:31:07 UTC
Previous filing
03 Jan 2024
Next filing
22 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVFH Common Stock Sale $1,440,000 -1,200,000 -32% $1.20 2,536,671 23 Jul 2024 Direct F1
* 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 stock purchase agreements (the "Stock Purchase Agreements") with an entity in which a member of the Issuer's board of directors is a managing member. Pursuant to the Stock Purchase Agreements, the Reporting Person agreed to sell shares of the Issuer's common stock to the entity at a price of $1.20 per share. The transactions are expected to close in the near future.