4//SEC Filing
THOENES MARK L 4
Accession 0001731122-23-000442
CIK 0001762239other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 8:50 PM ET
Size
8.2 KB
Accession
0001731122-23-000442
Insider Transaction Report
Form 4
THOENES MARK L
CHIEF EXECUTIVE OFFICER
Transactions
- Award
Stock Option
2023-03-03+50,000→ 200,000 totalExercise: $0.61Exp: 2033-03-03→ Common Stock (50,000 underlying) - Award
Stock Option
2022-08-24+50,000→ 150,000 totalExercise: $1.32Exp: 2032-08-24→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]This non-qualified stock option was granted pursuant to an amendment to a consulting agreement (as amended, the "Consulting Agreement") by and between the reporting person and Kaival Brands Innovations Group, Inc. (the "Company"), and vested on the date of the grant.
- [F2]This non-qualified stock option was granted pursuant to an amendment to the Consulting Agreement. This option shall vest upon the earlier of: (a) June 30, 2023; (b) one (1) day after the Company files its Form 10-Q for the third quarter of 2023; (c) if the reporting person is terminated by the Company for any reason (other than a material breach by the reporting person) that remains uncured for five (5) business days after the Company notifies the reporting person of such breach; or (d) if the Company undergoes a change of control, as defined in the Consulting Agreement.
Documents
Issuer
Kaival Brands Innovations Group, Inc.
CIK 0001762239
Entity typeother
Related Parties
1- filerCIK 0001246350
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 8:50 PM ET
- Size
- 8.2 KB