Kent A. Hansen - 03 Dec 2021 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Role
CFO & EVP
Signature
/s/ Debra Rouse, attorney-in-fact for Kent A. Hansen
Issuer symbol
KFS
Transactions as of
03 Dec 2021
Net transactions value
+$179,996
Form type
4
Filing time
06 Dec 2021, 15:18:24 UTC
Previous filing
02 Dec 2021
Next filing
17 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Commoon Stock Award $179,996 +32,754 +59% $5.50 88,062 03 Dec 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted pursuant to the Kingsway Financial Services Inc. 2020 Equity Incentive Plan that vests ratably over three years commencing on the first anniversary of the award.
F2 The number of shares represented by this award was determined by dividing the dollar value of the award granted to the Reporting Person by $5.4954 (the volume-weighted average of the closing sale prices of the Issuer's common stock on the NYSE?for each of the thirty (30) trading days immediately prior to the grant date).
F3 Includes 20,000 shares of restricted stock granted on February 26, 2021.