Sec Form 4 Filing - MAGNOLIA CAPITAL PARTNERS, LLC @ Atlas Financial Holdings, Inc. - 2014-07-17

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MAGNOLIA CAPITAL PARTNERS, LLC 2. Issuer Name and Ticker or Trading Symbol Atlas Financial Holdings, Inc. [ AFH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 15 E. 5TH STREET, SUITE 3200 3. Date of Earliest Transaction (MM/DD/YY) 07/17/2014 (Street) TULSA, OK74103 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/17/2014 S 400 D $ 14.21 1,190,152 D COMMON STOCK 07/18/2014 S 11,149 D $ 14.1 1,179,003 D COMMON STOCK 07/18/2014 S 200 D $ 14.15 1,178,803 D COMMON STOCK 07/18/2014 S 721 D $ 14.17 1,178,082 D COMMON STOCK 07/18/2014 S 7,552 D $ 14.2 1,170,530 D COMMON STOCK 07/18/2014 S 82 D $ 14.25 1,170,448 D COMMON STOCK 07/18/2014 S 600 D $ 14.4 1,169,848 D COMMON STOCK 07/18/2014 S 125 D $ 14.41 1,169,723 D COMMON STOCK 07/18/2014 S 8,238 D $ 14.42 1,161,485 D COMMON STOCK 07/18/2014 S 1,443 D $ 14.43 1,160,042 D COMMON STOCK 07/18/2014 S 20 D $ 14.44 1,160,022 D COMMON STOCK 07/18/2014 S 2 D $ 14.45 1,160,020 D COMMON STOCK 07/18/2014 S 20 D $ 14.46 1,160,000 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MAGNOLIA CAPITAL PARTNERS, LLC 15 E. 5TH STREET, SUITE 3200 TULSA, OK74103 X ELLBAR PARTNERS MANAGEMENT, LLC 15 E 5TH STREET-SUITE 3200 TULSA, OK74103 X Adelson James F 15 EAST 5TH STREET, SUITE 3200 TULSA, OK74103 X Heyman Stephen J 15 EAST 5TH STREET, SUITE 3200 TULSA, OK74103 X Signatures PAULA L SKIDMORE, ATTORNEY-IN-FACT FOR REPORTING PERSONS 07/18/2014 Signature of Reporting Person Date

Explanation of Responses:

Remarks: This is a joint filing by Magnolia Capital Partners, LLC ("MCP"), Ellbar Partners Management, LLC ("EPM"), James F. Adelson and Stephen J. Heyman. EPM is the sole manager of MCP. Messrs. Adelson and Heyman are the joint managers of EPM. EPM, and Messrs. Adelson and Heyman disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.

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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