Stilwell Joseph - 10 Mar 2022 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
Issuer symbol
KFS
Transactions as of
10 Mar 2022
Net transactions value
+$61,666
Form type
4
Filing time
14 Mar 2022, 16:08:08 UTC
Previous filing
10 Mar 2022
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $6,666 +1,212 +0.03% $5.50 4,814,428 10 Mar 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $45,936 +8,352 +0.17% $5.50 4,822,780 11 Mar 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $9,064 +1,648 +0.27% $5.50 621,355 11 Mar 2022 See footnote F3, F5
holding KFS Common Stock 162,500 10 Mar 2022 Direct F1
holding KFS Common Stock 939,242 10 Mar 2022 See footnote F2
holding KFS Common Stock 876,808 10 Mar 2022 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 March 10, 2022: Stilwell Activist Investments, L.P. ("SAI") acquired 1,212 shares at $5.50 USD per share, and on March 11, 2022: (a) SAI acquired 8,352 shares at $5.50 USD per share; and (b) Stilwell Activist Fund, L.P. ("SAF") acquired 1,648 shares at $5.50 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 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.