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 *
Carucci Claudia B
  2. Issuer Name and Ticker or Trading Symbol
MORGAN GROUP HOLDING CO [MGHL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
See Remarks
(Last)
(First)
(Middle)
17 EAGLE ISLAND PLACE
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2017
(Street)

SHELDON, SC 29941-3017
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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, $0.01 Par Value 08/11/2017   S   18,900 D $ 5,292 177,999 I See FN (1)
Common Stock, $0.01 Par Value 08/11/2017   S   18,099 D $ 4,382.96 159,900 D  
Common Stock, $0.01 Par Value 08/15/2017   S   259 D $ 46.36 159,641 D  
Common Stock, $0.01 Par Value 08/21/2017   S   1,106 D $ 235.58 158,535 D  
Common Stock, $0.01 Par Value 09/06/2017   S   1,000 D $ 187 157,535 D  
Common Stock, $0.01 Par Value 09/11/2017   S   5,000 D $ 1,060 152,535 D  

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
Carucci Claudia B
17 EAGLE ISLAND PLACE
SHELDON, SC 29941-3017
    X   See Remarks
Uncle Mills Partners, LLC
17 EAGLE ISLAND PLACE
SHELDON, SC 29941-3017
    X   See Remarks

Signatures

 Beth N. Lowson, as Attorney-in-fact for Claudia B. Carucci   10/02/2017
**Signature of Reporting Person Date

 Beth N. Lowson, as Attorney-in-fact for Uncle Mills Partners, LLC   10/02/2017
**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) Shares owned by Uncle Mills Partners, LLC, of which Ms. Carucci is the Manager. Subsequent to the sale, Uncle Mills Partners, LLC no longer owns any Common Stock of the Issuer.
 
Remarks:
Prior to Sept. 25, 2017, the Reporting Persons were part of a group with Bernard Zimmerman & Company, Inc., which group was a 10% Owner of the Securities.  On Sept. 25, 2017, the group was terminated (see Exhibit 99.3); therefore, the Reporting Persons are no longer considered a 10% Owner of the Securities.

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