Smith Denver Johnson 4
4 · INNOVATIVE FOOD HOLDINGS INC · Filed Jul 22, 2024
Insider Transaction Report
Form 4
Smith Denver Johnson
Director
Transactions
- Purchase
Common Stock
2024-07-22$1.20/sh+350,000$420,000→ 2,752,850 total(indirect: By CRC Founders Fund, LP)
Holdings
- 703,851
Common Stock
- 60,000(indirect: By LLC)
Common Stock
- 45,820(indirect: By LLC)
Common Stock
- 744,804(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]CRC Founders Fund, LP ("CRC Founders Fund"), entered into a stock purchase agreement (the "Stock Purchase Agreement") with an entity managed by a member of the Issuer's board of directors. Pursuant to the Stock Purchase Agreement, CRC Founders Fund agreed to purchase 350,000 shares of the Issuer's common stock from the entity at a price of $1.20 per share. The transaction is expected to close in the near future.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16.