Jeremy Qinli Zhu - 02 Sep 2021 Form 4 Insider Report for NICHOLAS FINANCIAL INC (NICK)

Role: Director
Signature: /s/ Irina Nashtatik
Issuer symbol: NICK
Transactions as of: 02 Sep 2021
Transactions value $: $0
Form type: 4
Filing time: 13 Oct 2021, 13:18:41 UTC
Next filing: 01 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NICK	common	Award	$0	+1.69K	+18.55%	$0.00	10.8K	02 Sep 2021	Direct	F1
holding	NICK	common						601K	02 Sep 2021	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were awarded on 09/2/2021. All 1687 shares vest in one year. The closing price on the issuer's common stock reported on NASDAQ on 09/2/2021 was 11.85.
F2	Represents shares held by TCW Sepulveda Long/Short Equity Fund I, L.P, and TCW Sepulveda Long/Short Equity Master Fund LTD (together, the "Funds"), which Funds are managed by Sepulveda Management LLC. Mr. Zhu is a principal of, and acts as a director of, Sepulveda Management LLC, and also holds certain limited partnership interests in the Funds. Mr. Zhu disclaims beneficial ownership of these shares to the extent of his pecuniary interest therein.

Content

These shares were awarded on 09/2/2021. All 1687 shares vest in one year. The closing price on the issuer's common stock reported on NASDAQ on 09/2/2021 was 11.85.

Represents shares held by TCW Sepulveda Long/Short Equity Fund I, L.P, and TCW Sepulveda Long/Short Equity Master Fund LTD (together, the "Funds"), which Funds are managed by Sepulveda Management LLC. Mr. Zhu is a principal of, and acts as a director of, Sepulveda Management LLC, and also holds certain limited partnership interests in the Funds. Mr. Zhu disclaims beneficial ownership of these shares to the extent of his pecuniary interest therein.