Hickey William August Jr 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Hickey William August Jr
Executive VP, COO, and CFO
Transactions
- Disposition to Issuer
Common Stock
2020-02-28$1.79/sh−93,713$167,746→ 240,303 total - Tax Payment
Common Stock
2020-02-28$1.79/sh−41,472$74,235→ 198,831 total - Purchase
Common Stock
2020-02-28$1.79/sh+839$1,502→ 334,016 total
Footnotes (3)
- [F1]Mr. Hickey held 229,500 restricted common shares under the Kingsway Financial Services Inc. 2013 Equity Incentive Plan pursuant to a Restricted Stock Agreement dated March 28, 2014. As described in an Employment Separation Agreement and Release dated February 28, 2020 (included as Exhibit 10.3 to Form 8-K, filed February 28, 2020), 135,787 of such restricted common shares vested on February 28, 2020 and the remaining 93,713 restricted common shares were forfeited and cancelled.
- [F2]Includes 229,500 restricted common shares under the 2013 Equity Incentive Plan, approved by shareholders in May 2013.
- [F3]Shares withheld for taxes upon vesting of certain restricted common shares, as more particularly described above.