OAKMONT CAPITAL INC 4/A
4/A · KINGSWAY FINANCIAL SERVICES INC · Filed Feb 18, 2025
Insider Transaction Report
Form 4/AAmended
OAKMONT CAPITAL INC
10% Owner
Transactions
- Award
Class B Preferred Stock
2024-09-24$25.00/sh+80,000$2,000,000→ 80,000 totalExercise: $9.50From: 2024-09-24Exp: 2031-09-24→ Common Stock (210,526.4 underlying)
Footnotes (2)
- [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.
- [F2]This Form 4 amendment is adjusting the conversion basis to display results with five decimal places instead of the previous four due to a software glitch.