Joseph Stilwell - Dec 30, 2021 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Signature
/s/ Debra Rouse as Attorney-in-Fact for Joseph Stilwell
Stock symbol
KFS
Transactions as of
Dec 30, 2021
Transactions value $
$9,642
Form type
4
Date filed
1/3/2022, 03:03 PM
Previous filing
Dec 30, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $4.34K +795 +0.02% $5.46 4.79M Dec 30, 2021 See footnote F3, F4
transaction KFS Common Stock Purchase $5.3K +974 +0.02% $5.44 4.79M Dec 31, 2021 See footnote F3, F4
holding KFS Common Stock 163K Dec 30, 2021 Direct F1
holding KFS Common Stock 939K Dec 30, 2021 See footnote F2
holding KFS Common Stock 615K Dec 30, 2021 See footnote F5
holding KFS Common Stock 877K Dec 30, 2021 See footnote F6
* 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 30, 2021: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 795 shares at $5.4631 USD per share; and on December 31, 2021: (a) SAI acquired 974 shares at $5.44 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 Stilwell Activist Fund, L.P. ("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 Stilwell Value Partners VII, L.P. ("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.