LEVINE DOUGLAS 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed Sep 26, 2024
Insider Transaction Report
Form 4
LEVINE DOUGLAS
Director
Transactions
- Award
Class B Preferred Stock
2024-09-24$25.00/sh+84,000$2,100,000→ 84,000 total(indirect: By Trust)Exercise: $9.50From: 2024-09-24Exp: 2031-09-24→ Common Stock (221,054.4 underlying)
Holdings
- 189,102(indirect: By Trust)
Common Stock
- 90,200(indirect: By family member)
Common Stock
- 1,157,671
Common Stock
Footnotes (1)
- [F1]The shares of Class B Preferred Stock of Kingsway Financial Services Inc. (the "Company") have a stated value of $25 per share and are convertible at any time into shares of Common Stock, par value $0.01 per share, of the Company (the "Common Stock") at a conversion basis equal to 2.63158 shares of Common Stock for each share of Class B Preferred Stock, subject to customary adjustments. All outstanding shares of Class B Preferred Stock shall be redeemed by the Company on September 24, 2031.