Gregory Paul Hannon - Mar 21, 2023 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Role
Director
Signature
/s/ Debra S. Rouse, attorney-in-fact for Gregory Paul Hannon
Stock symbol
KFS
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 04:46 PM
Previous filing
Jul 1, 2022
Next filing
Mar 31, 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 +82.1K +4.04% $0.00 2.11M Mar 21, 2023 By Oakmont Capital Inc F1, F2
holding KFS Common Stock 3K Mar 21, 2023 By 1272562 Ontario Inc.
holding KFS Common Stock 4K Mar 21, 2023 By Gilter Inc.
holding KFS Common Stock 1.25K Mar 21, 2023 By Retirement Plan (C)
holding KFS Common Stock 7.5K Mar 21, 2023 By Retirement Plan (R)
holding KFS Common Stock 13.8K Mar 21, 2023 By Retirement Plan (T)
holding KFS Common Stock 13.8K Mar 21, 2023 By Spouse
holding KFS Common Stock 4.5K 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 -13.1K -100% $0.00* 0 Mar 21, 2023 Common Stock 82.1K $0.00 By Oakmont Capital Inc. 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 to the next whole share).
F2 The reporting person's previous Form 4 filings incorrectly listed the number of securities beneficially owned due to an administrative error which has been corrected in calculating the number of securities beneficially owned following the transaction reported herein.