SEC Form 4 · accession 0001140361-18-010150
KINGSTONE COMPANIES, INC. · KINS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Walden
Officer — EVP+Chief Actuary-Kingstone In
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 4:18 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,F2 | Feb 22, 2018 | A | 5,529 | $0.00 | A | 19,029 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $6.60 | holding | — | — | — | — | Dec 16, 2018 | Common Stock | 2,500 | 2,500 | D |
| OptionF4 | $7.85 | holding | — | — | — | — | Mar 11, 2021 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Received as bonus compensation. Vests to the extent of 1,843 shares on each of February 22, 2019, 2020 and 2021.
- F2Includes 11,529 shares received pursuant to restricted stock grants. Of such shares 6,000 shares vest in 36 as nearly equal as possible monthly installments beginning on March 23, 2017 and 5,529 shares vest in three installments of 1,843 shares each beginning on February 22, 2019.
- F3The option vested to the extent of 2,500 shares on each of December 16, 2013, 2014, 2015 and 2016.
- F4The option vests to the extent of 2,500 shares on each of March 11, 2016, 2017, 2018 and 2019.