Stilwell Activist Investments, L.P. 4
4 · KINGSWAY FINANCIAL SERVICES INC · Filed Sep 12, 2018
Insider Transaction Report
Form 4
Stilwell Joseph
Director10% Owner
Transactions
- Purchase
Common Stock
2018-09-10$2.63/sh+29,258$76,951→ 345,972 total(indirect: See footnote) - Purchase
Common Stock
2018-09-10$2.63/sh+39,854$104,820→ 2,600,963 total(indirect: See footnote)
Holdings
- 162,500
Common Stock
- 903,066(indirect: See footnote)
Common Stock
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.