Sec Form 4 Filing - Marohn Douglas W @ NICHOLAS FINANCIAL INC - 2018-03-07

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 Marohn Douglas W 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) President & CEO (Last) (First) (Middle) 2454 MCMULLEN BOOTH RD, BLDG C #501B 3. Date of Earliest Transaction (MM/DD/YY) 03/07/2018 (Street) CLEARWATER, FL33759 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ 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 03/07/2018 P 5,629 A $ 9 10,929 D Common Stock 03/07/2018 A 5,629 A $ 0 ( 1 ) 16,558 D Common Stock 39 I Spouse

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 Marohn Douglas W 2454 MCMULLEN BOOTH RD BLDG C #501B CLEARWATER, FL33759 X President & CEO Signatures /s/Chad Steinorth, attorney in fact 03/08/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These shares were awarded pursuant to the reporting person's employment agreement. The closing stock price of the issuer's common stock reported on NASDAQ on 3/7/18 was $8.90.

Remarks: Exhibit 24 CONFIRMING STATEMENT This Statement confirms that the undersigned has authorized and designated Lauren Colson and Chad Steinorth the Authorized Signatories, or any one or more of them,to execute and file on the undersigneds behalf all Forms 3, 4,and 5, including any amendments, thereto that theundersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigneds ownership of or transactions in securities of Nicholas Financial, Inc. The authority of the Authorized Signatories under this Statementshall continue until the undersigned is no longer required to file Forms 3, 4, and 5with regard to his/her ownership of, or transactionsin, securities of Nicholas Financial, Inc, unless earlier revoked in writing. The undersignedacknowledges that Authorized Signatories arenot assuming any of the undersignedsresponsibilities to comply with Section 16 of the Securities Exchange Act of 1934.Dated: 2192018 Signed /s/Douglas Marohn Print Name:Douglas Marohn

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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