samuel klepfish - Jul 23, 2024 Form 4 Insider Report for INNOVATIVE FOOD HOLDINGS INC (IVFH)

Role
Director
Signature
/s/ Samuel Klepfish
Stock symbol
IVFH
Transactions as of
Jul 23, 2024
Transactions value $
-$1,440,000
Form type
4
Date filed
7/23/2024, 04:31 PM
Previous filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVFH Common Stock Sale -$1.44M -1.2M -32.11% $1.20 2.54M Jul 23, 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.