KINGSTONE COMPANIES, INC.

Major Shareholding Notification • Sep 28, 2022

SC 13D/A 1 ea166472-13da1fortunoff_king.htm AMENDMENT NO. 1 TO SCHEDULE 13D

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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 37 th 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 ☐

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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 | 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 |

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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 37 th 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;

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(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.

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SIGNATURE

After reasonable 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 |

5

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