Joseph Stilwell - Dec 8, 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
Dec 8, 2021
Transactions value $
$52,452
Form type
4
Date filed
12/10/2021, 03:03 PM
Previous filing
Dec 8, 2021
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $51.80 +10 +0% $5.18 4.72M Dec 8, 2021 See footnote F3, F4
transaction KFS Common Stock Purchase $33K +6.29K +0.13% $5.24 4.73M Dec 9, 2021 See footnote F3, F4
transaction KFS Common Stock Purchase $12.7K +2.43K +0.28% $5.24 858K Dec 9, 2021 See footnote F3, F5
transaction KFS Common Stock Purchase $6.69K +1.28K +0.21% $5.24 604K Dec 9, 2021 See footnote F3, F6
holding KFS Common Stock 163K Dec 8, 2021 Direct F1
holding KFS Common Stock 939K Dec 8, 2021 See footnote F2
* 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 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.
F3 This Form 4 reports the following acquisitions on December 8, 2021: Stilwell Activist Investments, L.P. ("SAI") acquired 10 shares at $5.18 USD per share; and on December 9, 2021: (a) SAI acquired 6,294 shares at $5.24 USD per share, (b) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 2,430 shares at $5.24 USD per share and (c) Stilwell Activist Fund, L.P. ("SAF") acquired 1,276 shares at $5.24 USD per share.
F4 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.
F5 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.
F6 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.