Nirajkumar Patel - Feb 6, 2023 Form 4 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role
CSRO, Director, 10%+ Owner
Signature
/s/ Eric Mosser, as attorney-in-fact
Stock symbol
KAVL
Transactions as of
Feb 6, 2023
Transactions value $
$0
Form type
4
Date filed
2/8/2023, 04:01 PM
Previous filing
Jun 27, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAVL Stock Options Award $0 +500K $0.00 500K Feb 6, 2023 Common Stock 500K $0.73 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-half of the shares vested immediately on the grant date, and the remaining one-half of the shares will vest on the one-year anniversary of the grant date.