Smallwood Brady 4
4 · INNOVATIVE FOOD HOLDINGS INC · Filed Jul 11, 2023
Insider Transaction Report
Form 4
Smallwood Brady
DirectorChief Operating Officer
Transactions
- Award
Stock Appreciation Rights
2023-07-07+1,500,000→ 1,500,000 totalExp: 2026-12-31→ Common Stock (1,500,000 underlying)
Footnotes (1)
- [F1]On July 7, 2023, the Reporting Person was granted 1,500,000 fully vested Stock Appreciation Rights ("SARs"). The exercise price per SAR is $2.00 with respect to 750,000 SARs and $1.50 with respect to 750,000 SARs. Upon exercise, the SARs may be settled in cash, in shares of the Issuer's common stock, or in some combination thereof.