Joseph Stilwell - Sep 22, 2021 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Role
Director, 10%+ Owner
Signature
/s/ Debra Rouse as Attorney-in-Fact for Joseph Stilwell
Stock symbol
KFS
Transactions as of
Sep 22, 2021
Transactions value $
$232,279
Form type
4
Date filed
9/24/2021, 04:37 PM
Previous filing
Sep 20, 2021
Next filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $10.8K +2.06K +0.36% $5.25 573K Sep 22, 2021 See footnote F2, F4
transaction KFS Common Stock Purchase $72.1K +13.7K +0.3% $5.25 4.55M Sep 22, 2021 See footnote F2, F5
transaction KFS Common Stock Purchase $17.5K +3.32K +0.4% $5.25 828K Sep 22, 2021 See footnote F2, F6
transaction KFS Common Stock Purchase $14.2K +2.7K +0.47% $5.27 576K Sep 23, 2021 See footnote F2, F4
transaction KFS Common Stock Purchase $94.7K +18K +0.39% $5.27 4.57M Sep 23, 2021 See footnote F2, F5
transaction KFS Common Stock Purchase $22.9K +4.35K +0.52% $5.27 832K Sep 23, 2021 See footnote F2, F6
holding KFS Common Stock 163K Sep 22, 2021 Direct F1
holding KFS Common Stock 939K Sep 22, 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are shares owned directly by Joseph Stilwell.
F2 This Form 4 reports the following acquisitions on September 22, 2021: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 13,739 shares at $5.25 USD per share, (b) Stilwell Activist Fund, L.P. ("SAF") acquired 2,064 shares at $5.25 USD per share, and (c) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 3,324 shares at $5.25 USD per share; and on September 23, 2021: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 17,957 shares at $5.2745 USD per share, (b) Stilwell Activist Fund, L.P. ("SAF") acquired 2,698 shares at $5.2745 USD per share, and (c) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 4,345 shares at $5.2745 USD per share.
F3 These are shares owned directly by Associates and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of Associates. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F4 These are shares owned directly by SAF and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F5 These are shares owned directly by SAI and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F6 These are shares owned directly by SVP VII and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SVP VII. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.