Claudio Ferri - Feb 22, 2024 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 22, 2024
Transactions value $: $960
Form type: 4
Date filed: 2/23/2024, 01:35 PM
Previous filing: Nov 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KITL	Common Stock						87.6M	Feb 22, 2024	Direct
holding	KITL	Common Stock						410K	Feb 22, 2024	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
transaction	KITL	Series A Preferred Stock	Award	$960	+600K		$0.00^*	600K	Feb 22, 2024	Voting Common Shares			Direct	F1, F4
holding	KITL	Class C Convertible Preferred Stock						15.1K	Feb 22, 2024	Common Stock			Direct	F2, F3
holding	KITL	Class C Convertible Preferred Stock						5K	Feb 22, 2024	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.
F4	Series A Preferred Stock shall entitle the holder thereof to three hundred (300) votes for each shares of Series A Preferred Stock. Except as otherwise provided in the Certificate of Designation, in the Articles or as expressly required by law, the holders of Series A Preferred Stock and the holders of Common Stock shall vote together as a single class in all matters presented to stockholders, and not as separate classes.