John Taylor Maloney Fitzgerald - Sep 24, 2024 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Role
President and CEO, Director
Signature
/s/ Debra Rouse, attorney-in-fact for John Taylor Maloney Fitzgerald
Stock symbol
KFS
Transactions as of
Sep 24, 2024
Transactions value $
$200,000
Form type
4
Date filed
9/26/2024, 09:46 PM
Previous filing
Sep 16, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KFS Common Stock 1.52M Sep 24, 2024 Direct
holding KFS Common Stock 20K Sep 24, 2024 Trust-GEF
holding KFS Common Stock 20K Sep 24, 2024 Trust-LTF
holding KFS Common Stock 20K Sep 24, 2024 Trust-MPF

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 B Preferred Stock Award $200K +8K $25.00 8K Sep 24, 2024 Common Stock 21.1K $9.50 BY FFI F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B 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 B Preferred Stock, subject to customary adjustments. All outstanding shares of Class B Preferred Stock shall be redeemed by the Company on September 24, 2031.