WESTAIM Corp - 12 Jan 2023 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
10%+ Owner
Signature
/s/ Glenn MacNeil, CFO
Issuer symbol
SKWD
Transactions as of
12 Jan 2023
Net transactions value
-$91,712,500
Form type
4
Filing time
21 Jul 2023, 19:59:13 UTC
Next filing
16 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKWD Common Stock Conversion of derivative security +7,285,359 7,285,359 12 Jan 2023 Direct F1
transaction SKWD Common Stock Sale $91,712,500 -3,987,500 -55% $23.00 3,297,859 12 Jun 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SKWD Preferred Series A Stock Conversion of derivative security -880,071 -100% 0 12 Jan 2023 Common Stock 7,285,359 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person owned 880,071.479 shares of the Issuer's Series A preferred stock, which was converted into 7,285,359 shares of common stock upon the consummation of the Issuer's IPO.