Eric Mosser - 01 Aug 2023 Form 4 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role
CEO & President, Director, 10%+ Owner
Signature
/s/ Eric Mosser
Issuer symbol
KAVL
Transactions as of
01 Aug 2023
Net transactions value
$0
Form type
4
Filing time
03 Aug 2023, 17:01:11 UTC
Previous filing
08 Feb 2023
SEC
View on sec.gov

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 +567,080 $0.000000 567,080 01 Aug 2023 Common Stock 567,080 $0.5900 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 1, 2023, the Reporting Person received an option grant from the Issuer. The option shall vest over four years. One-quarter of the option shall vest on the first anniversary of the grant date and afterward shall vest monthly at the rate of 1/36 per month until fully vested.