SEC Form 4 · accession 0001398344-17-001358
NICHOLAS FINANCIAL INC · NICK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
MAGNOLIA CAPITAL FUND, LP
10% Owner
MAGNOLIA GROUP, LLC
10% Owner
Adam K Peterson
10% Owner
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000045
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1,F2 | Feb 2, 2017 | P | 17,782 | $10.8312 | A | 1,173,309 | D | |
| Common StockF4,F1,F2 | Feb 3, 2017 | P | 791 | $11.0899 | A | 1,174,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All of the reported shares are directly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the above listed Common Stock of Nicholas Financial, Inc.
- F2TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
- F3This transaction was executed in multiple trades at prices ranging from $10.800 to $10.9899. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $11.0898 to $11.09. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.