Form4insider filings, from the source

SEC Form 5 · accession 0001511164-17-000436

INVO Bioscience, Inc. · IVOB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner
Claude Ranoux
Officer — President · Director · 10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Jul 27, 2017 · 1:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001417926

Table I — non-derivative securities

SecurityDateCodeSharesPriceA/DOwned afterD/INature of ownership
INVO Bioscience Common Stock (Restricted)Jan 25, 2016D20,000$0.35D26,135,933D
INVO Bioscience Common Stock (Restricted)Jan 25, 2016D15,000$0.40D26,140,933D
INVO Bioscience Common Stock (Restricted)Jan 25, 2016D11,111$0.45D26,109,822D
INVO Bioscience Common Stock (Restricted)Jan 25, 2016D30,000$0.70D26,079,822D
INVO Bioscience Common Stock (Restricted)Jan 25, 2016D5,500$0.55D26,074,322D
INVO Bioscience Common Stock (Restricted)Jan 25, 2016D1,200$0.50D26,073,122D
INVO Bioscience Common Stock (Restricted)May 26, 2016A1,000,000$0.36A27,073,122D

Table II — derivative securities

No Table II lines on this filing.

Remarks

I along with the other officers and directors of INVO Bioscience (INVO) were unaware of the individual Form 3,4&5 filing requirements. INVO ran out of funding and stopped reporting to the SEC from 2012 until 2016. During the process of catching up wit the Company's filings in 2017 we learned we needed to file our own individual forms. I am doing that with this Form 5 and the other associated filings all being done at this time. The corporate attorneys of INVO Bioscience's officers and directors. The officers and directors received guidance that it was permissible with the SEC for us to catch up by only filing a Form 5 in each of the years 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015 and 2016. On 12/31/2016 I owned 26,155,933 (2015) - 82,811 + 1,000,000 = 27,073,122 restricted shares.