Joseph Stilwell - Dec 13, 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 13, 2021
Transactions value $
$109,500
Form type
4
Date filed
12/15/2021, 03:02 PM
Previous filing
Dec 10, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $36.7K +6.68K +0.14% $5.50 4.73M Dec 13, 2021 See footnote F3, F4
transaction KFS Common Stock Purchase $7.02K +1.28K +0.21% $5.50 605K Dec 13, 2021 See footnote F3, F5
transaction KFS Common Stock Purchase $11.3K +2.05K +0.24% $5.50 861K Dec 13, 2021 See footnote F3, F6
transaction KFS Common Stock Purchase $36.4K +6.68K +0.14% $5.45 4.74M Dec 14, 2021 See footnote F3, F4
transaction KFS Common Stock Purchase $6.95K +1.28K +0.21% $5.45 606K Dec 14, 2021 See footnote F3, F5
transaction KFS Common Stock Purchase $11.2K +2.05K +0.24% $5.45 863K Dec 14, 2021 See footnote F3, F6
holding KFS Common Stock 163K Dec 13, 2021 Direct F1
holding KFS Common Stock 939K Dec 13, 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 13, 2021: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 6,675 shares at $5.50 USD per share, (b) Stilwell Activist Fund, L.P. ("SAF") acquired 1,276 shares at $5.50 USD per share, and (c) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 2,049 shares at $5.50 USD per share; and on December 14, 2021: (a) SAI acquired 6,675 shares at $5.45 USD per share, (b) SAF acquired 1,276 shares at $5.45 USD per share, and (c) SVP VII acquired 2,049 shares at $5.45 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 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.
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.