Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
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 (Month/Day/Year)
03/07/2018
(Street)

CLEARWATER, FL 33759
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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, FL 33759
  X     President & CEO  

Signatures

 /s/Chad Steinorth, attorney in fact   03/08/2018
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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 the
undersigned 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 Statement
shall continue until the undersigned is no
 longer required to file Forms 3, 4, and 5
with regard to his/her ownership of, or transactions
in, securities of Nicholas Financial, Inc, unless
 earlier revoked in writing.  The undersigned
acknowledges that Authorized Signatories are
not assuming any of the undersigneds
responsibilities to comply with Section
 16 of the Securities Exchange Act of 1934.

Dated: 2192018
 Signed /s/Douglas Marohn
 Print Name:Douglas Marohn

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