SEC Form 4 · accession 0001654954-18-012797
KINGSTONE COMPANIES, INC. · KINS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Walden
Officer — EVP & Chief Actuary
Period of report
Nov 14, 2018
Accepted (ET)
Nov 15, 2018 · 9:50 am 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 | Nov 14, 2018 | M | 2,500 | $6.60 | A | 21,529 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2 | $6.60 | Nov 14, 2018 | M | 2,500 | D | — | Dec 16, 2018 | Common Stock | 2,500 | 0 | D |
| OptionF3 | $7.85 | holding | — | — | — | — | Mar 11, 2021 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Includes 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.
- F2The option is exercisable to the extent of 2,500 shares on December 16, 2016
- F3The option vests to the extent of 2,500 shares on each of March 11, 2016, 2017, 2018, and 2019.