bgsc13da8.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
SCHEDULE
13D
(Rule
13d-101)
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment
No. 8)*
Kingstone
Companies, Inc.
(Name of
Issuer)
Common
Stock, $.01 Par Value
(Title of
Class of Securities)
496719105
(CUSIP
Number)
Barry
Goldstein
1158
Broadway
Hewlett,
New York 11557
(516)
374-7600
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
August
17, 2009
(Date
of Event Which Requires Filing of This Statement)
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 Rule 13d-1(e), 13d-1(f) or 13-1(g), check the following
box [ ].
*The
remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The
information required on the remainder of this cover page shall not be deemed to
be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934
(“Act”) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued
on following pages)
(Page 1
of 5 Pages)
SCHEDULE
13D
CUSIP
No. 496719105
1. Name
of Reporting Person
Barry
Goldstein
2. Check
the appropriate box if a member of a
group (a)
[ ]
(b)
[ ]
3. SEC
Use Only
4. Source
of Funds
N/A
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 7. Sole
Voting Power
Beneficially
Owned 792,540
By Each
Reporting
Person
With 8. Shared
Voting Power
-
9. Sole
Dispositive Power
792,540
10. Shared
Dispositive Power
-
11. Aggregate
Amount Beneficially Owned by Reporting Person
792,540
12. Check
Box if the Aggregate Amount in Row (11) Excludes Certain
Shares[ ]
13. Percent
of Class Represented by Amount in Row (11)
25.8%
14. Type
of Reporting Person
IN
ITEM
1. SECURITY
AND ISSUER.
This
statement amends and supplements the Schedule 13D dated May 24, 2002, as
previously amended by Amendment No. 1, dated May 28, 2002, Amendment No. 2,
dated February 5, 2003, Amendment No. 3, dated February 2, 2004, Amendment No.
4, dated December 20, 2004, Amendment No. 5, dated February 2, 2005, Amendment
No. 6, dated October 18, 2007, and Amendment No. 7, dated September 17, 2008,
relating to shares of Common Stock, par value $.01 per share (the “Common
Stock”), of Kingstone Companies, Inc., a Delaware corporation (the
“Company”). The address of the principal executive offices of the
Company is 1158 Broadway, Hewlett, New York 11557.
ITEM
2. IDENTITY
AND BACKGROUND.
(a) Name
of Reporting Person:
Barry
Goldstein
(b) Residence
or business address:
1158
Broadway
Hewlett,
New York 11557
(c) The
Reporting Person is employed as the Chief Executive
Officer, President, Chairman of the Board and Treasurer of the
Company.
(d)
The Reporting Person has not been convicted in a criminal proceeding in the last
five years.
(e) The
Reporting Person has not, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction
resulting in a judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) The
Reporting Person is a citizen of the United States of America.
ITEM
3. SOURCE
AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
N/A
ITEM
4. PURPOSE
OF TRANSACTION.
Effective
August 17, 2009, an option held by the Reporting Person for the purchase of
32,500 shares of Common Stock of the Company became exercisable within 60
days.
ITEM
5. INTEREST IN SECURITIES OF
THE ISSUER.
(a) As of the
date hereof, the Reporting Person is the beneficial owner of 792,540 shares of
Common Stock of the Company (or approximately 25.8% of the outstanding Common
Stock of the Company).1 Of such number, 65,000 shares of
Common Stock are issuable upon the exercise of options that are exercisable
currently, 32,500 shares of Common Stock are issuable upon the exercise of
options that will be exercisable as of October 16, 2009, and 11,900 shares are
held by a retirement trust for the benefit of the Reporting Person.
(b) The
Reporting Person has sole voting and dispositive power over the
shares.
(c) During
the past 60 days, the Reporting Person has effected the following transactions
in the Common Stock of the Company:
(i) On June
18, 2009, the Reporting Person acquired, for investment purposes, 800 shares of
Common Stock of the Company at a price of $1.81 per share;
(ii) On July
6, 2009, the Reporting Person acquired, for investment purposes, 600 shares of
Common Stock of the Company at a price of $2.19 per share;
(iii) On July
7, 2009, the Reporting Person acquired, for investment purposes, 2,000 shares of
Common Stock of the Company at a price of $2.00 per share;
(iv) On July
13, 2009, the Reporting Person acquired, for investment purposes, 500 shares of
Common Stock of the Company at a price of $2.21 per share;
(v) On July
15, 2009, the Reporting Person acquired, for investment purposes, 872 shares of
Common Stock of the Company at a price of $2.185 per share;
(vi) On July
20, 2009, the Reporting Person acquired, for investment purposes, 390 shares of
Common Stock of the Company at a price of $1.9932 per share; and
(vii) On July
30, 2009, the Reporting Person acquired, for investment purposes, 400 shares of
Common Stock of the Company at a price of $2.2675 per share.
ITEM
6.
CONTRACTS, AGREEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
See Item
5 hereof with respect to options held by the Reporting Person.
1 The number of
shares beneficially owned by the Reporting Person does not include (1) 49,600
shares of Common Stock owned by AIA Acquisition Corp. (“AIA”), of which members
of the Reporting Person’s family are principal shareholders, or (2) 390,000
shares of Common Stock issuable upon the conversion of shares of Preferred Stock
of the Company held by AIA that are currently convertible. The
Reporting Person disclaims beneficial ownership of the shares held by
AIA.
ITEM
7. MATERIAL TO BE FILED AS
EXHIBITS.
(1)
Stock Option Agreement, dated as of October 16, 2007, between the Reporting
Person and the Company2.
2 Incorporated
by reference to Form 8-K filed by the Company for an event dated October 16,
2007.
SIGNATURES
After
reasonable inquiry and to the best of my knowledge and belief, I certify that
the information set forth in this statement with respect to myself is true,
complete and correct.
| |
|
|
| |
|
|
|
|
Dated:
August 20, 2009
|
|
/s/ Barry
Goldstein |
|
| |
|
Barry
Goldstein |
|
| |
|
|
|
| |
|
|
|