Stilwell Joseph's Form 4 filing
KINGSWAY Corp (KWY) · filed Nov 24, 2021
- Accession no.
- 0001104659-21-143586
- Filed
- Nov 24, 2021, 4:25 PM ET
- Trade date
- Nov 22-23, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 2 derivative transactions. Open-market purchases total $110.0K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Stilwell JosephCIK 0001113303 | Director, 10% Owner |
| Stilwell Associates, L.P.CIK 0000913960 | 10% Owner |
| Stilwell Value LLCCIK 0001397076 | 10% Owner |
| Stilwell Value Partners VII, L.P.CIK 0001555931 | 10% Owner |
| Stilwell Activist Fund, L.P.CIK 0001564452 | 10% Owner |
| Stilwell Activist Investments, L.P.CIK 0001573720 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 22, 2021 | Common Stock | PPurchaseAcquired | +1,269 | $5.50 | +$6,979.5 | 581,953 | Indirect | |
| Nov 22, 2021 | Common Stock | PPurchaseAcquired | +6,696 | $5.50 | +$36,828 | 4,602,369 | Indirect | |
| Nov 22, 2021 | Common Stock | PPurchaseAcquired | +2,035 | $5.50 | +$11,192.5 | 842,136 | Indirect | |
| Nov 23, 2021 | Common Stock | PPurchaseAcquired | +1,269 | $5.50 | +$6,979.5 | 583,222 | Indirect | |
| Nov 23, 2021 | Common Stock | PPurchaseAcquired | +6,696 | $5.50 | +$36,828 | 4,609,065 | Indirect | |
| Nov 23, 2021 | Common Stock | PPurchaseAcquired | +2,035 | $5.50 | +$11,192.5 | 844,171 | Indirect | |
| Nov 23, 2021 | Common Stock | CConversionAcquired | +11,500 | –F7 | – | 594,722 | Indirect | |
| Nov 23, 2021 | Common Stock | CConversionAcquired | +70,643 | –F7 | – | 4,679,708 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 23, 2021 | Common Stock | CConversionDisposed | −11,500 | $0.00 | $0 | 0 | Indirect | |
| Nov 23, 2021 | Common Stock | CConversionDisposed | −70,643 | $0.00 | $0 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F7
The Class A Preferred Stock ("Preferred Stock") was convertible at a rate of one (1) share of Preferred Stock for six and 25/100th shares of Common Stock and do not have an expiration date. SAF converted 1,840 shares of Preferred Stock into 11,500 shares of Common Stock and SAI converted 11,303 shares of Preferred Stock into 70,643 shares of Common Stock.
Referenced by the price of 2 transactions in Table I.