Claudio Ferri - 02 Feb 2022 Form 4 Insider Report for Kisses From Italy Inc. (KITL)

Role: CEO and CIO, Director
Signature: /s/ Claudio Ferri
Issuer symbol: KITL
Transactions as of: 02 Feb 2022
Net transactions value: +$5,000
Form type: 4
Filing time: 02 Feb 2022, 11:11:58 UTC
Previous filing: 15 Dec 2021
Next filing: 24 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KITL	Common Stock						42,600,000	02 Feb 2022	Direct
holding	KITL	Common Stock						410,000	02 Feb 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	$5,000	+5,000	+50%	$1.00^*	15,100	02 Feb 2022	Common Stock			Direct	F1, F2
holding	KITL	Class C Convertible Preferred Stock						5,000	02 Feb 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.