Joseph Stilwell - Nov 18, 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
Nov 18, 2021
Transactions value $
$110,000
Form type
4
Date filed
11/22/2021, 03:23 PM
Previous filing
Nov 16, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $6.98K +1.27K +0.22% $5.50 579K Nov 18, 2021 See footnote F2, F4
transaction KFS Common Stock Purchase $36.8K +6.7K +0.15% $5.50 4.59M Nov 18, 2021 See footnote F2, F5
transaction KFS Common Stock Purchase $11.2K +2.04K +0.24% $5.50 838K Nov 18, 2021 See footnote F2, F6
transaction KFS Common Stock Purchase $6.98K +1.27K +0.22% $5.50 581K Nov 19, 2021 See footnote F2, F4
transaction KFS Common Stock Purchase $36.8K +6.7K +0.15% $5.50 4.6M Nov 19, 2021 See footnote F2, F5
transaction KFS Common Stock Purchase $11.2K +2.04K +0.24% $5.50 840K Nov 19, 2021 See footnote F2, F6
holding KFS Common Stock 163K Nov 18, 2021 Direct F1
holding KFS Common Stock 939K Nov 18, 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 November 18, 2021: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 6,696 shares at $5.50 USD per share, (b) Stilwell Activist Fund, L.P. ("SAF") acquired 1,269 shares at $5.50 USD per share, and (c) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 2,035 shares at $5.50 USD per share; and on November 19, 2021: (a) SAI acquired 6,696 shares at $5.50 USD per share, (b) SAF acquired 1,269 shares at $5.50 USD per share, and (c) SVP VII acquired 2,035 shares at $5.50 USD per share.
F3 These are shares owned directly by Stilwell Associates L.P. ("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.