Nirajkumar Patel - Jun 24, 2022 Form 4 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role
CSRO, Director, 10%+ Owner
Signature
/s/ Eric Mosser, as attorney-in-fact
Stock symbol
KAVL
Transactions as of
Jun 24, 2022
Transactions value $
$0
Form type
4
Date filed
6/27/2022, 05:07 PM
Previous filing
Mar 8, 2022
Next filing
Feb 8, 2023

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 KAVL Stock Options Award $0 +250K $0.00 250K Jun 24, 2022 Common Stock 250K $1.72 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-half of the shares will vest on the one-year anniversary of the grant date, with the remaining shares vesting on the second-year anniversary of the grant date.