SEC Form 4 · accession 0001654954-19-001954
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
Feb 22, 2019
Accepted (ET)
Feb 25, 2019 · 5:21 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 StockF2 | Feb 22, 2019 | F | 727 | $17.01 | D | 20,802 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $7.85 | holding | — | — | — | — | Mar 11, 2021 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Shares were withheld from vested stock grant to pay the associated withholding taxes.
- F2Includes 11,529 shares received pursuant to restricted stock grants (less 727 shares withheld from vested stock grants to pay the associated withholding taxes). 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 vests to the extent of 2,500 shares on each of March 11, 2016, 2017, 2018, and 2019.