SEC Form 4 · accession 0001398344-18-011529
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
Aug 7, 2018
Accepted (ET)
Aug 9, 2018 · 7:07 pm EDT
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 StockF4,F1,F2,F3 | Aug 7, 2018 | P | 25,929 | $10.1941 | A | 1,551,968 | D | |
| Common StockF5,F1,F2,F3 | Aug 8, 2018 | P | 5,800 | $10.7019 | A | 1,557,768 | D | |
| Common StockF6,F1,F2,F3 | Aug 9, 2018 | P | 5,500 | $10.7964 | A | 1,563,268 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson") and the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. Mr. Peterson serves as a director of the Issuer.
- 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.
- F3Mr. Peterson serves as a director of the Issuer.
- F4This transaction was executed in multiple trades at prices ranging from $9.6024 to $10.56. 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.
- F5This transaction was executed in multiple trades at prices ranging from $10.6689 to $10.7500. 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.
- F6This transaction was executed in multiple trades at prices ranging from $10.7700 to $10.8000. 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.