Claudio Ferri - Feb 2, 2022 Form 4 Insider Report for Kisses From Italy Inc. (KITL)

Role
CEO and CIO, Director
Signature
/s/ Claudio Ferri
Stock symbol
KITL
Transactions as of
Feb 2, 2022
Transactions value $
$5,000
Form type
4
Date filed
2/2/2022, 11:11 AM
Previous filing
Dec 15, 2021
Next filing
Apr 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KITL Common Stock 42.6M Feb 2, 2022 Direct
holding KITL Common Stock 410K Feb 2, 2022 Held in the name of Reporting Person's Spouse.

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 KITL Class C Convertible Preferred Stock Purchase $5K +5K +49.5% $1.00* 15.1K Feb 2, 2022 Common Stock Direct F1, F2
holding KITL Class C Convertible Preferred Stock 5K Feb 2, 2022 Common Stock Shares Held in Spouse's Name F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class C Convertible Preferred Stock is convertible at anytime, at the holder's election and has no expiration date. The floor price on the conversion price is set at $0.10 by the issuer.
F2 Holder has not yet elected to convert the Class C Convertible Preferred Stock to Common Stock at the time of this Statement of Changes filing. If the preferred shares were converted on the date of this filing they would equal to 603,000 shares of common stock.