SEC Form 4 · accession 0001072627-17-000212
KINGSWAY Corp · KWY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Stilwell
Director · 10% Owner
Period of report
Dec 28, 2017
Accepted (ET)
Dec 29, 2017 · 2:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001072627
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 28, 2017 | P | 2,566 | $5.0496 | A | 3,940,889 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 reports an acquisition on December 28, 2017, by the following entity: Stilwell Activist Investments, L.P. (SAI) of 2,566 shares of KFS common stock at $5.0496 USD per share.
- F2After giving effect to the transactions reported herein, the shares of KFS common stock reported under Column 5 of Table I above are held directly by the following persons or entities: Joseph Stilwell (162,500 shares); Stilwell Associates, L.P. (Associates) (903,066 shares); SAI (2,559,166 shares); and Stilwell Activist Fund, L.P. (SAF) (316,157 shares). Of the total shares of KFS common stock reported under Column 5 of Table I above, 3,778,389 shares are beneficially owned indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC, which is the general partner of SAI, Associates and SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein. The address of SAI, Associates and SAF is the same as the address reported in Item 1 of this Form 4.