David Worner - Mar 19, 2023 Form 4 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role
Director
Signature
/s/ David Worner
Stock symbol
KAVL
Transactions as of
Mar 19, 2023
Transactions value $
$0
Form type
4
Date filed
3/21/2023, 08:46 PM

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 Option Award +125K 125K Mar 19, 2023 Common Stock 125K $0.87 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This non-qualified stock option was granted as part of the reporting person's 2023 compensation and vests on the first anniversary of the grant date.