4//SEC Filing
Hopkins Barry Michael 4
Accession 0001731122-24-000233
CIK 0001762239other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 5:15 PM ET
Size
5.9 KB
Accession
0001731122-24-000233
Insider Transaction Report
Form 4
Hopkins Barry Michael
Director
Transactions
- Award
Stock Option
2024-02-08+63,881→ 63,881 totalExercise: $5.25Exp: 2034-02-08→ Common Stock (63,881 underlying)
Footnotes (1)
- [F1]On February 8, 2024 (the "Grant Date"), the Reporting Person received a 10-year incentive stock option grant from the Issuer. The exercise price of such grant is equal to the fair market value of the Issuer's common stock on November 9, 2023, which is the effective date of the Reporting Person's employment agreement with the Issuer. 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.
Documents
Issuer
Kaival Brands Innovations Group, Inc.
CIK 0001762239
Entity typeother
Related Parties
1- filerCIK 0001969749
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 5:15 PM ET
- Size
- 5.9 KB