Sec Form 4 Filing - Garel John R @ Liberty Tax, Inc. - 2016-10-17

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 Garel John R 2. Issuer Name and Ticker or Trading Symbol Liberty Tax, Inc. [ TAX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1716 CORPORATE LANDING PARKWAY 3. Date of Earliest Transaction (MM/DD/YY) 10/17/2016 (Street) VIRGINIA BEACH, VA23454 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 Class A Common Stock 10/17/2016 J( 5 ) 159 A $ 0 18,878 D Class A Common Stock 10/17/2016 J( 6 ) 1,845 A $ 0 20,723 D Class A Common Stock 10/17/2016 J( 2 ) 92,366 D $ 0 30,022 I By Envest II, LLC ( 1 ) Class A Common Stock 10/17/2016 J( 4 ) 717,714 D $ 0 13 I By Envest III, LLC ( 3 )

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 Garel John R 1716 CORPORATE LANDING PARKWAY VIRGINIA BEACH, VA23454 X Signatures John R. Garel 10/19/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These securities are directly owned by Envest II, LLC and may be deemed to be owned indirectly by the Reporting Person. ( 2 )On October 17, 2016, Envest II, LLC distributed, on a pro rata basis, 92,366 shares of Class A Common Stock to its equity holders. ( 3 )These securities are directly owned by Envest III, LLC and may be deemed to be owned indirectly by the Reporting Person. ( 4 )On October 17, 2016, Envest III, LLC distributed, on a pro rata basis, 717,714 shares of Class A Common Stock to its equity holders. ( 5 )Reporting Person acquired 159 shares of Class A Common Stock as a result of the Envest II, LLC distribution to its equity holders. ( 6 )Reporting Person acquired 1845 shares of Class A Common Stock as a result of the Envest III, LLC distribution to its equity holders.

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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