Thomas A. Belton - Jul 26, 2021 Form 4 Insider Report for Iconic Brands, Inc. (ICNB)

Role
10%+ Owner
Signature
/s/ Thomas A. Belton
Stock symbol
ICNB
Transactions as of
Jul 26, 2021
Transactions value $
$0
Form type
4
Date filed
7/27/2021, 10:32 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICNB Common Stock, 0.001 par value Other $0 +2.25M $0.00 2.25M Jul 26, 2021 By InnoAccel Solutions LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas A. Belton is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pro rata distribution (the "Distribution") from InnoAccel Investments LLC ("InnoAccel"), of which the reporting person is managing member.
F2 Includes 2,246,631 shares received by InnoAccel Solutions LLC, an entity owned and controlled by the reporting person, pursuant to the Distribution. In prior reports, the reporting person reported beneficial ownership of 11,233,162 shares (the "Shares") of the common stock, par value $0.001, of Iconic Brands, Inc. as a result of reporting person's voting and dispositive control over the Shares, which were held directly by InnoAccel, but which shares are no longer held by InnoAccel as a result of the Distribution and certain related distributions.