Patinkin Adam Jonathan 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed May 9, 2025
Insider Transaction Report
Form 4
Patinkin Adam Jonathan
Director
Transactions
- Award
Class D Prerred Stock
2025-05-07$25.00/sh+26,000$650,000→ 26,000 total(indirect: David Capital Partners Special Situation Fund, LP)Exercise: $9.50From: 2025-05-08Exp: 2032-05-08→ Common Stock (68,421.08 underlying)
Footnotes (1)
- [F1]The shares of Class D 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 D Preferred Stock, subject to customary adjustments. All outstanding shares of Class D Preferred Stock shall be redeemed by the Company on May 8, 2032.