Claudio Ferri - Jul 11, 2023 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: Jul 11, 2023
Transactions value $: $600,000
Form type: 4
Date filed: 7/14/2023, 01:31 PM
Previous filing: Jun 29, 2023
Next filing: Aug 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KITL	COMMON STOCK	Award	$600K	+15M	+23.96%	$0.04	77.6M	Jul 11, 2023	Direct	F1
holding	KITL	COMMON STOCK						410K	Jul 11, 2023	Held in the name of the 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
holding	KITL	Class C Convertible Preferred Stock						15.1K	Jul 11, 2023	Common Stock			Direct	F2, F3
holding	KITL	Class C Convertible Preferred Stock						5K	Jul 11, 2023	Common Stock			Shares Held in Spouse's Name	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Awarded Bonus Shares
F2	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.
F3	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.