Gramm Jefferson 4
4 · INNOVATIVE FOOD HOLDINGS INC · Filed Dec 6, 2024
Insider Transaction Report
Form 4
Gramm Jefferson
Director
Transactions
- Purchase
Common Stock, par value $0.0001 per share
2024-12-04$1.60/sh+1,250,000$2,000,000→ 6,193,349 total(indirect: By Bandera Master Fund L.P.)
Footnotes (2)
- [F1]Securities beneficially owned by Bandera Master Fund L.P. ("Bandera Master Fund"). Mr. Gramm, by virtue of his position as a Managing Member of Bandera Partners LLC, the investment manager of Bandera Master Fund, may be deemed to beneficially own the securities beneficially owned by Bandera Master Fund. Mr. Gramm disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Gramm is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]On December 4, 2024, Bandera Master Fund entered into a securities purchase agreement with the Issuer pursuant to which it agreed to purchase 1,250,000 shares from the Issuer at a price of $1.60 per share. The transaction is expected to close in the near future.