Sheriff Stephen Alan 4
4 · Kaival Brands Innovations Group, Inc. · Filed Aug 25, 2023
Insider Transaction Report
Form 4
Sheriff Stephen Alan
COO & IRO
Transactions
- Award
Stock Option
2023-08-22+158,000→ 158,000 totalExercise: $0.44Exp: 2033-08-22→ Common Stock (158,000 underlying)
Footnotes (1)
- [F1]On August 22, 2023, the Reporting Person received a 10-year incentive stock option grant from the Issuer with an exercise price equal to the fair market value on the date of grant. The option shall vest over four years. One-quarter of the option shall vest on the first anniversary of the grant date and afterward shall vest monthly at the rate of 1/36 per month until fully vested.