Company: KG
Filing Date: 2025-03-24
Form Type: S-4/A
Source: 0001104659-25-027242
Chunk: 283

Company: Kestrel Group Ltd
Filing Date: 2025-03-24
Form: S-4/A
Chunk 283
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 $ | 2,550,000 | ​ | ​ | ​ | ​            | $ | 315,216 | ​ | ​ | ​ | ​                           | $ | 105,627 | ​ | ​ | ​ | ​           | $ | 146,394 | ​ | ​ | ​ | ​        | $ | 3,117,237 | ​ | ​ |
| William T. Jarman  | ​ | ​ | ​          | ​ |         — | ​ | ​ | ​ | ​            | ​ |       — | ​ | ​ | ​ | ​                           | ​ |       — | ​ | ​ | ​ | ​           | ​ |       — | ​ | ​ | ​ | ​        | ​ |         — | ​ | ​ |
| Mark O. Heintzman  | ​ | ​ | ​          | ​ |         — | ​ | ​ | ​ | ​            | ​ |       — | ​ | ​ | ​ | ​                           | ​ |       — | ​ | ​ | ​ | ​           | ​ |       — | ​ | ​ | ​ | ​        | ​ |         — | ​ | ​ |

(1) The amounts in this column represent the continued payment of base salary until May 1, 2028, assuming the termination of employment of Mr. Haveron or Mr. Metz without cause under the terms of the employment agreements as of March 3, 2025. Although these amounts are payable irrespective of whether the employment termination is in connection with the mergers or a change in control, out of an abundance of caution we are describing them in this prospectus/proxy statement. (2) The amounts in this column represent the equity awards that will continue to vest until March 14, 2026, assuming the termination of employment of Mr. Haveron or Mr. Metz without cause under the terms of the restricted share award agreements dated as of March 17, 2023 and March 14, 2024. Although these amounts are payable irrespective of whether the employment termination is in connection with the mergers or a change in control, out of an abundance of caution we are describing them in this prospectus/proxy statement. The amounts in this column do not include equity awards that will continue to remain subject to performance vesting conditions assuming the termination of employment of Mr. Haveron or Mr. Metz without cause under the terms of the restricted share award agreements dated as of March 17, 202