Douglas Levine - Mar 21, 2023 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Role
Director
Signature
/s/ Debra Rouse, attorney-in-fact for Douglas Levine
Stock symbol
KFS
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 04:41 PM
Next filing
Aug 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Conversion of derivative security $0 +166K +16.76% $0.00 1.16M Mar 21, 2023 Direct F1
holding KFS Common Stock 90.2K Mar 21, 2023 By family member
holding KFS Common Stock 189K Mar 21, 2023 By Trust

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 KFS Class A convertible preferred share, series 1 Conversion of derivative security $0 -26.6K -100% $0.00* 0 Mar 21, 2023 Common Stock 166K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class A Preferred Stock ("Preferred Stock") was convertible at a rate of one (1) share of Preferred Stock for six and 25/100th shares of Common Stock: Oakmont Capital Inc. converted 13,143 shares of Preferred Stock into 82,144 shares of Common Stock (rounded down).