SEC Form 4 · accession 0001615774-18-000951
INNOVATIVE DESIGNS INC · IVDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Riccelli
Officer — CEO · Director · 10% Owner
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 3:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001190370
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 6, 2018 | J | 180,000 | $0.00 | D | 7,455,000 | D | |
| Common StockF1 | holding | — | — | — | 421,478 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was the trustee for a trust for the benefit of one his sons totaling 180,000 shares. That trust has terminated and the shares distributed to the beneficiary. The Reporting Person continues to be the trustee for an trust for the benefit of another son totaling 421,478 shares.