Eric Morris - 07 Mar 2024 Form 3 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Eric Morris
Issuer symbol: KAVL
Transactions as of: 07 Mar 2024
Net transactions value: $0
Form type: 3
Filing time: 18 Jul 2024, 17:36:58 UTC
Next filing: 10 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KAVL	Common Stock						6,020	07 Mar 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)							07 Mar 2024	Common Stock	2,381	$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.