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4//SEC Filing

Stilwell Activist Investments, L.P. 4

Accession 0001144204-18-049236

CIK 0001072627other

Filed

Sep 11, 8:00 PM ET

Accepted

Sep 12, 6:24 PM ET

Size

16.5 KB

Accession

0001144204-18-049236

Insider Transaction Report

Form 4
Period: 2018-09-10
Transactions
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+39,854$104,8202,600,963 total(indirect: See footnote)
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+29,258$76,951345,972 total(indirect: See footnote)
Holdings
  • Common Stock

    162,500
  • Common Stock

    (indirect: See footnote)
    903,066
Transactions
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+29,258$76,951345,972 total(indirect: See footnote)
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+39,854$104,8202,600,963 total(indirect: See footnote)
Holdings
  • Common Stock

    162,500
  • Common Stock

    (indirect: See footnote)
    903,066
Stilwell Joseph
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+29,258$76,951345,972 total(indirect: See footnote)
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+39,854$104,8202,600,963 total(indirect: See footnote)
Holdings
  • Common Stock

    162,500
  • Common Stock

    (indirect: See footnote)
    903,066
Transactions
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+29,258$76,951345,972 total(indirect: See footnote)
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+39,854$104,8202,600,963 total(indirect: See footnote)
Holdings
  • Common Stock

    (indirect: See footnote)
    903,066
  • Common Stock

    162,500
Stilwell Value LLC
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+39,854$104,8202,600,963 total(indirect: See footnote)
  • Purchase

    Common Stock

    2018-09-10$2.63/sh+29,258$76,951345,972 total(indirect: See footnote)
Holdings
  • Common Stock

    (indirect: See footnote)
    903,066
  • Common Stock

    162,500
Footnotes (6)
  • [F1]This Form 4 is being filed jointly by the Reporting Persons named herein. Prior Forms 4 filed by Joseph Stilwell for Kingsway Financial Services Inc. reported transactions on an aggregate basis, without distinguishing between direct or indirect ownership in Table I. In this Form 4 (and going forward), the Reporting Persons are reporting transactions to indicate direct or indirect ownership in Table I, as well as the nature of indirect ownership.
  • [F2]These are shares owned directly by Joseph Stilwell.
  • [F3]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.
  • [F4]This Form 4 reports an acquisition on September 10, 2018, by the following entities: (a) Stilwell Activist Fund, L.P. ("SAF") of 29,258 shares at $2.6301 USD per share, and (b) Stilwell Activist Investments, L.P. ("SAI") of 39,854 shares at $2.6301 USD per share.
  • [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 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.

Issuer

KINGSWAY FINANCIAL SERVICES INC

CIK 0001072627

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001573720

Filing Metadata

Form type
4
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 6:24 PM ET
Size
16.5 KB