Joseph Riccelli - 19 May 2021 Form 4 Insider Report for INNOVATIVE DESIGNS INC (IVDN)

Signature
/s/ Joseph Riccelli
Issuer symbol
IVDN
Transactions as of
19 May 2021
Net transactions value
-$32,369
Form type
4
Filing time
20 May 2021, 14:47:05 UTC
Next filing
11 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVDN Common Stock Sale $23,454 -80,875 -0.11% $0.2900 73,909,305 19 May 2021 Direct F1
transaction IVDN Common Stock Sale $7,087 -23,622 -5.2% $0.3000 427,378 19 May 2021 See Footnote 1 F2
transaction IVDN Common Stock Sale $1,829 -5,900 -1.4% $0.3100 421,478 19 May 2021 See Footnote 2 F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person intends to use the net proceeds after taxes from all sales made herein to loan the funds to the Company
F2 The Reporting Person is the trustee for a trust for the benefit of his son.