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Kbw Inc. (KBW)

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Insider Trading: Sales

Insider	Price	Amount	Relationship	Remaining Holdings	Date	Form 4
Kleinman	$15.18	38,332	Officer	243,526	2012-12-18	Filing
Giambrone	$15.07	60,000	Officer	166,399	2012-12-17	Filing
Michaud	$15.25	41,000	Officer, Director	193,421	2012-12-19	Filing
Michaud	$15.22	70,300	Officer, Director	246,803	2012-12-18	Filing
Michaud	$15.15	12,700	Officer, Director	317,103	2012-12-17	Filing
Duffy	$17.20	100,000	Officer, Director	125,294	2012-12-05	Filing
Michaud	$15.20	2,168	Officer, Director	329,803	2012-12-06	Filing
Michaud	$17.19	224,132	Officer, Director	331,971	2012-12-05	Filing
Michaud	$17.19	98,195	Officer, Director	556,103	2012-12-04	Filing
Senchak	$17.18	61,100	Officer, Director	0	2012-12-05	Filing
Senchak	$17.19	103,263	Officer, Director	61,100	2012-12-04	Filing
Duffy	$17.23	75,000	Officer, Director	442,898	2012-11-30	Filing
Duffy	$17.03	45,000	Officer, Director	575,648	2012-05-01	Filing
Duffy	$17.33	4,488	Officer, Director	620,648	2012-04-30	Filing
Senchak	$18.21	200,000	Officer, Director	164,363	2012-04-02	Filing
Senchak	$17.94	85,986	Officer, Director	318,753	2012-03-15	Filing
Kleinman	$17.87	5,000	Officer	281,858	2012-03-15	Filing
Kleinman	$17.87	10,000	Officer	286,858	2012-03-14	Filing
Duffy	$17.87	10,000	Officer, Director	625,136	2012-03-15	Filing
Duffy	$16.83	10,000	Officer, Director	635,136	2012-03-13	Filing