Old Market Capital (OMCC) Form 4 NICHOLAS FINANCIAL / Kevin Dean Bates ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Bates Kevin Dean

(Last) (First) (Middle)

2454 MCMULLEN BOOTH DRIVE

BLDG C

(Street)

CLEARWATER FL 33759

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NICHOLAS FINANCIAL INC [ NICK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Senior VP Branch Operations

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/22/2017		A		8,344	A	$0	42,236	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$3.6(1)							(2)	03/19/2018	Common Stock	3,300		3,300	D
Stock Option (right to buy)	$0.77(1)							(3)	11/06/2018	Common Stock	5,500		5,500	D
Stock Option (right to buy)	$1.2(1)							(4)	05/05/2019	Common Stock	5,500		5,500	D
Stock Option (right to buy)	$10.96(1)							(5)	05/09/2021	Common Stock	1,500		1,500	D
Stock Option (right to buy)	$10.87(1)							(6)	05/03/2022	Common Stock	10,000		10,000	D
Stock Option (right to buy)	$14.37							(7)	06/13/2024	Common Stock	25,000		25,000	D

Explanation of Responses:

1. The exercise price has been reduced by $2.00 per the Equity Plan requirements as a result of the December 2012 special cash dividend.

2. The option vested in five equal installments beginning on March 19, 2008.

3. The option vested in five equal installments beginning on November 6, 2008.

4. The option vested in five equal installments beginning on May 5, 2009.

5. The option vested in five equal installments beginning on May 9, 2011.

6. The option vested in five equal installments beginning on May 3, 2012.

7. The option vests in five equal installments beginning on June 13, 2014.

	/s/ Kevin D. Bates	07/11/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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