Charles L. Frischer - 24 Sep 2024 Form 4/A - Amendment Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Reporting relationship: Director
Issuer ticker: KFS
Reported as of: 24 Sep 2024
Net transaction value: +$100,000
SEC form: 4/A - Amendment
Accepted by SEC: 18 Feb 2025, 16:07:00 UTC
Original report date: 27 Sep 2024
Prior SEC filing: 14 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Debra Rouse, attorney-in-fact for Charles Frischer

Key filing fact

Charles L. Frischer filed Form 4/A - Amendment for KINGSWAY FINANCIAL SERVICES INC (KFS) on 18 Feb 2025.

Key facts

This page summarizes Charles L. Frischer's Form 4/A - Amendment filing for KINGSWAY FINANCIAL SERVICES INC (KFS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 18 Feb 2025, 16:07.

Change

Previous filing in this sequence was filed on 14 Sep 2023.
Current net transaction value: +$100,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KFS transaction Derivative

Class B Preferred Stock

Award

Transaction value: $100,000
Shares: +4,000
Change %
Price: $25.00
Shares after: 4,000
Date: 24 Sep 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,526
Exercise price: $9.50
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

This Form 4 amendment is adjusting the conversion basis to display results with five decimal places instead of the previous four due to a software glitch.