Adam K. Peterson - 30 Aug 2022 Form 4 Insider Report for NICHOLAS FINANCIAL INC (OMCC)

Role
Director, 10%+ Owner
Signature
Adam K. Peterson
Issuer symbol
OMCC
Transactions as of
30 Aug 2022
Net transactions value
$0
Form type
4
Filing time
01 Sep 2022, 18:20:52 UTC
Previous filing
18 Jul 2022
Next filing
28 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 Stock Purchase $0 +2,262 +0.09% $0.000000 2,427,394 30 Aug 2022 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson") and the Magnolia Capital Fund ("MCF"), of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein. Mr. Peterson serves as a director of the Issuer.
F2 TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
F3 Mr. Peterson serves as a director of the Issuer.
F4 These shares were awarded on 8/30/2022. 2,262 shares vest one year from the date awarded. The closing stock price of the issuer's common stock reported on NASDAQ on 8/30/2022 was $8.84.