LEVINE DOUGLAS 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed May 12, 2025
Insider Transaction Report
Form 4
LEVINE DOUGLAS
Director
Transactions
- Award
Class D Prerred Stock
2025-05-12$25.00/sh+20,000$500,000→ 20,000 total(indirect: By Trust)Exercise: $9.50From: 2025-05-07Exp: 2032-05-07→ Common Stock (52,631.6 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 7, 2032.