Eric Morris - Mar 7, 2024 Form 3 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Eric Morris
Stock symbol: KAVL
Transactions as of: Mar 7, 2024
Transactions value $: $0
Form type: 3
Date filed: 7/18/2024, 05:36 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KAVL	Common Stock						6.02K	Mar 7, 2024	Direct	F1

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
holding	KAVL	Stock Option (Option to Buy)							Mar 7, 2024	Common Stock	2.38K	$16.56	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Morris purchased these shares prior to his appointment as Chief Financial Officer of Kaival Brands Innovations Group, Inc.
F2	Stock option is subject to the following vesting schedule: 25% of shares vest on July 8, 2024; 25% of shares vest on July 8, 2025; 25% of shares vest on July 8, 2026; and 25% of shares vest on July 8, 2027.