Stilwell Joseph - 28 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
28 Mar 2022
Net transactions value
+$71,352
Form type
4
Filing time
30 Mar 2022, 16:10:47 UTC
Previous filing
28 Mar 2022
Next filing
01 Apr 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 $55,000 +10,000 +1.1% $5.50 896,808 28 Mar 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $16,352 +2,984 +0.33% $5.48 899,792 29 Mar 2022 See footnote F3, F4
holding KFS Common Stock 162,500 28 Mar 2022 Direct F1
holding KFS Common Stock 939,242 28 Mar 2022 See footnote F2
holding KFS Common Stock 4,885,260 28 Mar 2022 See footnote F5
holding KFS Common Stock 632,170 28 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 28, 2022: Stilwell Value Partners VII, L.P. ("SVP VII") acquired 10,000 shares at $5.50; and on March 29, 2022: SVP VII acquired 2,984 shares at $5.48.
F4 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.
F5 These are shares owned directly by Stilwell Activist Investments, L.P. ("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 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.