SEC Info - Riccelli Joseph - ‘4’ for 5/19/21 re: Innovative Designs Inc.

Ownership Document

Schema Version: X0306

Document Type: 4

Period of Report: 5/19/21

Not Subject to Section 16: 0

Issuer:

Issuer CIK: 1190370

Issuer Name: INNOVATIVE DESIGNS INC

Issuer Trading Symbol: IVDN

Reporting Owner:

Reporting Owner ID:

Owner CIK: 1270232

Owner Name: RICCELLI JOSEPH

Reporting Owner Address:

Owner Street 1: C/O 124 CHERRY ST

Owner Street 2:

Owner City: PITTSBURGH

Owner State: PA

Owner ZIP Code: 15223

Owner State Description:

Reporting Owner Relationship:

Is Director? Yes

Is Officer? Yes

Is Ten Percent Owner? Yes

Is Other? No

Officer Title: CEO

Other Text:

Non-Derivative Table:

Non-Derivative Transaction:

Security Title:

Value: Common Stock

Footnote ID: F1

Transaction Date:

Value: 5/19/21

Deemed Execution Date:

Transaction Coding:

Transaction Form Type: 4

Transaction Code: S

Equity Swap Involved? No

Transaction Timeliness:

Transaction Amounts:

Transaction Shares:

Value: 80,875

Transaction Price Per Share:

Value: .29

Transaction Acquired-Disposed Code:

Value: D

Post-Transaction Amounts:

Shares Owned Following Transaction:

Value: 73,909,305

Ownership Nature:

Direct or Indirect Ownership:

Value: D

Non-Derivative Transaction:

Security Title:

Value: Common Stock

Footnote ID: F2

Transaction Date:

Value: 5/19/21

Deemed Execution Date:

Transaction Coding:

Transaction Form Type: 4

Transaction Code: S

Equity Swap Involved? No

Transaction Timeliness:

Transaction Amounts:

Transaction Shares:

Value: 23,622

Transaction Price Per Share:

Value: .30

Transaction Acquired-Disposed Code:

Value: D

Post-Transaction Amounts:

Shares Owned Following Transaction:

Value: 427,378

Ownership Nature:

Direct or Indirect Ownership:

Value: I

Nature of Ownership:

Value: See Footnote 1

Non-Derivative Transaction:

Security Title:

Value: Common Stock

Footnote ID: F2

Transaction Date:

Value: 5/19/21

Deemed Execution Date:

Transaction Coding:

Transaction Form Type: 4

Transaction Code: S

Equity Swap Involved? No

Transaction Timeliness:

Transaction Amounts:

Transaction Shares:

Value: 5,900

Transaction Price Per Share:

Value: .31

Transaction Acquired-Disposed Code:

Value: D

Post-Transaction Amounts:

Shares Owned Following Transaction:

Value: 421,478

Ownership Nature:

Direct or Indirect Ownership:

Value: I

Nature of Ownership:

Value: See Footnote 2

Footnotes:

Footnote - F1: The Reporting Person intends to use the net proceeds after taxes from all sales made herein to loan the funds to the Company

Footnote - F2: The Reporting Person is the trustee for a trust for the benefit of his son.

Owner Signature:

Signature Name: /s/ Joseph Riccelli

Signature Date: 5/20/21

Riccelli Joseph – ‘4’ for 5/19/21 re: Innovative Designs Inc.

On: Thursday, 5/20/21, at 2:47pm ET · For: 5/19/21 · Accession #: 1731122-21-926 · File #: 0-51791

Previous ‘4’: ‘4’ on 2/9/21 for 2/5/21 · Next & Latest: ‘4’ on 2/11/22 for 2/1/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Riccelli Joseph – ‘4’ for 5/19/21 re: Innovative Designs Inc.

On: Thursday, 5/20/21, at 2:47pm ET · For: 5/19/21 · Accession #: 1731122-21-926 · File #: 0-51791

Previous ‘4’: ‘4’ on 2/9/21 for 2/5/21 · Next & Latest: ‘4’ on 2/11/22 for 2/1/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents