Sec Form 13D Filing - FORTUNOFF GREGORY filing for KINGSTONE COMPANIES INC. (KINS) - 2022-09-28

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

Amendment No. 1

 

Under the Securities Exchange Act of 1934

 

Kingstone Companies, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

496719105

(CUSIP Number)

 

September 27, 2022

(Date of Event Which Requires Filing of this Statement)

 

Gregory Fortunoff

49 West 37th Street, New York, NY 10018

 

Copy to:

 

David Selengut, Esq.

Ellenoff Grossman & Schole LLP.

1345 Sixth Avenue, 11th Floor

New York, New York 10017

(212) 370-1300

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐

 

 

 

 

 

 

CUSIP No. 496719105

 

1.

NAMES OF REPORTING PERSONS

 

Gregory Fortunoff

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

###-##-####

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☐

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS* 

 

PF

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐

 

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

 

NUMBER OF
SHARES
BENEFICIALLY

OWNED BY
EACH
REPORTING
PERSON

WITH

7.

SOLE VOTING POWER

 

379,826

8.

SHARED VOTING POWER

 

0

9.

SOLE DISPOSITIVE POWER

 

379,826

10.

SHARED DISPOSITIVE POWER

 

0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

379,826

12.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.56%

14.

TYPE OF REPORTING PERSON

 

IN

 

2

 

 

Item 1. Security and Issuer.

 

(a)Name of Issuer

Kingstone Companies, Inc.

 

(b)Address of Issuer’s Principal Executive Offices

15 Joys Lane,

Kingston, New York 12401

 

Item 2. Identity and Background.

 

(a)Name of Person Filing

This schedule is filed on behalf of Gregory Fortunoff.

 

(b)Address of Principal Business Office or, if None, Residence

49 West 37th Street

New York, NY 10018

 

(c)Citizenship

United States

 

(d)Title of Class of Securities

Common Stock

 

(e)CUSIP Number

496719105

 

Item 3. Source and Amount of Funds or Other Consideration.

 

Personal funds.

 

Item 4. Purpose of Transaction.

 

On September 27, 2022, Mr. Gregory Fortunoff submitted a letter to the Directors of the Issuer. This letter is appended hereto as Exhibit 1.  

 

Except as set forth above, the reporting persons have no present plans or proposals which relate to or would result in:

 

(a)The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;

 

(b)An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;

 

(c)A sale or transfer of a material amount of assets of the issuer or of any of its subsidiaries;

 

(d)Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

 

3

 

 

(e)Any material change in the present capitalization or dividend policy of the issuer;

 

(f)Any other material change in the issuer's business or corporate structure, including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;

 

(g)Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person; Causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

 

(h)A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

 

(i)Any action similar to any of those enumerated above.  

 

Item 5. Interest in Securities of the Issuer.

 

The information required by Items 4(a)-(c), as of the date hereof, is set forth in Rows 5-11 of the cover page hereto for the Reporting Person and is incorporated herein by reference.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

None.

 

Item 7. Material to Be Filed as Exhibits:

 

Exhibit
Number
  Description
1   Letter dated September 27, 2022 from Mr. Greg Fortunoff to the Directors of the Issuer.

 

4

 

 

SIGNATURE

 

After r easonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: September 28, 2022

 

  /s/ Gregory Fortunoff
  Gregory Fortunoff

 

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