Stilwell Joseph - 26 May 2022 Form 4 Insider Report for KINGSWAY FINANCIAL SERVICES INC (KFS)

Signature
/s/ Debra Rouse as Attorney-in-Fact for Joseph Stilwell
Issuer symbol
KFS
Transactions as of
26 May 2022
Net transactions value
+$56,578
Form type
4
Filing time
31 May 2022, 16:01:33 UTC
Previous filing
26 May 2022
Next filing
02 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFS Common Stock Purchase $2,688 +500 +0.08% $5.38 645,745 26 May 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $35,875 +6,657 +0.13% $5.39 4,962,302 27 May 2022 See footnote F3, F5
transaction KFS Common Stock Purchase $6,413 +1,190 +0.18% $5.39 646,935 27 May 2022 See footnote F3, F4
transaction KFS Common Stock Purchase $11,603 +2,153 +0.23% $5.39 933,074 27 May 2022 See footnote F3, F6
holding KFS Common Stock 162,500 26 May 2022 Direct F1
holding KFS Common Stock 939,242 26 May 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 26, 2022: Stilwell Activist Fund, L.P. ("SAF") acquired 500 shares at $5.3762; and on May 27, 2022: (a) Stilwell Activist Investments, L.P. ("SAI") acquired 6,657 shares at $5.389; (b) SAF acquired 1,190 shares at $5.389; and (c) Stilwell Value Partners VII, L.P. ("SVP VII") acquired 2,153 shares at $5.389.
F4 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.
F5 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.
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.