Joseph Stilwell - May 17, 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
Stock symbol
KFS
Transactions as of
May 17, 2022
Transactions value $
$107,500
Form type
4
Date filed
5/19/2022, 04:02 PM
Previous filing
May 17, 2022
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $35.7K +6.62K +0.13% $5.40 4.94M May 17, 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $6.72K +1.25K +0.19% $5.40 642K May 17, 2022 See footnote F3, F5
transaction KFS Common Stock Purchase $11.6K +2.14K +0.23% $5.40 925K May 17, 2022 See footnote F3, F6
transaction KFS Common Stock Purchase $35.4K +6.62K +0.13% $5.35 4.94M May 18, 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $6.66K +1.25K +0.19% $5.35 643K May 18, 2022 See footnote F3, F5
transaction KFS Common Stock Purchase $11.4K +2.14K +0.23% $5.35 927K May 18, 2022 See footnote F3, F6
holding KFS Common Stock 163K May 17, 2022 Direct F1
holding KFS Common Stock 939K May 17, 2022 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 May 17, 2022: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 6,616 shares at $5.40; (b) Stilwell Activist Fund, L.P. ("SAF") acquired 1,245 shares at $5.40; and (c) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 2,139 shares at $5.40; and on May 18, 2022: (a) SAI acquired 6,616 shares at $5.35; (b) SAF acquired 1,245 shares at $5.35; and (c) SVP VII acquired 2,139 shares at $5.35.
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.