SEC Form 4 · accession 0001140361-17-007714
KINGSTONE COMPANIES, INC. · KINS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack D Seibald
Director
Period of report
Feb 14, 2017
Accepted (ET)
Feb 15, 2017 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000033992
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3,F2 | Feb 14, 2017 | S | 38,116 | $11.31 | D | 71,668 | D | |
| Common StockF1 | Feb 14, 2017 | S | 43,838 | $11.31 | D | 88,731 | I | Retirement Trust |
| Common StockF4,F1 | Feb 14, 2017 | S | 1,226 | $11.31 | D | 2,334 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This amount represents the $12.00 per share public offering price less the underwriting discount of $0.69 per share.
- F2Includes 3,333 shares received as director fees. Vests to the extent of 1,334 shares on January 4, 2018, 1,333 shares on January 4, 2019 and 666 shares on January 4, 2020.
- F3Includes 57,353 shares jointly owned with Mr. Seibald's wife.
- F4Shares are owned by a limited partnership. Mr. Seibald may be deemed to have an indirect pecuniary interest in 27 of the shares sold by the limited partnership based upon his status as a general partner of the limited partnership and may be deemed to have an indirect pecuniary interest in an additional 1,199 of the shares sold by the limited partnership based upon his wife's status as a limited partner of the limited partnership. Mr. Seibald may be deemed to have an indirect pecuniary interest in 51 of the shares owned by the limited partnership based upon his general partner status and may be deemed to have an indirect pecuniary interest in an additional 2,283 of the shares owned by the limited partnership based upon his wife's limited partnership status. The filing of this form shall not be deemed an admission that Mr. Seibald is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any shares owned by the limited partnership.
Remarks
This filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.