secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE FOOD HOLDINGS INC (IVFH)
CIK:        0000312257
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001185185-23-001161
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovative Food Holdings amends CEO Bennett's equity award base to 48.8M shares
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- Value Achievement Award share base changed from 47.2M to 48.8M shares outstanding as of March 28, 2023.
- Stock price thresholds range from $0.60 (max 975,133 shares) to $2.00 (max 243,783 shares) per tier.
- Grants contingent on employment through Grant Date and compliance with restrictive covenants.
- All other terms of the original Employment Agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/312257/000118518523001161/0001185185-23-001161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/312257/000118518523001161/innovfood20231109_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-23-001161

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer