klepfish samuel 5
5 · INNOVATIVE FOOD HOLDINGS INC · Filed Feb 8, 2019
Insider Transaction Report
Form 5
klepfish samuel
Director
Transactions
- Exercise/Conversion
Common Stock
2018-03-02+55,192→ 2,196,628 total
Footnotes (2)
- [F1]100,000 options at a price of $0.35 and an additional 100,000 options at a price of $0.57 were exercised in a cashless conversion and a net amount of 55,192 shares were issued.
- [F2]Includes 300,000 shares of unvested restricted stock, originally issued as restricted stock units in 2014 which were cancelled and replaced with restricted stock awards in 2017, which vests as follows: 125,000 of the shares vest contingent upon market stock price of $2.00 or above for 20 straight trading days; and 175,000 of the shares vest contingent upon market stock price of $3.00 or above for 20 straight trading days. Also includes 16,250 shares of common stock held by Mr. Klepfish's spouse, ownership of which is disclaimed by Mr. Klepfish.