X0201 4 2003-08-26 0 0001000045 NICHOLAS FINANCIAL INC NICK 0001268752 MAHAN INGRID T 6268 PALMA DEL MAR #110E ST PETERSBURG FL 33715 0 0 1 0 Common Stock 2003-08-26 4 G 0 45000 0 D 158666 I By Grenma, Inc. Common Stock 13334 D Common Stock 473820 I By Mahan Family, LLC Common Stock 34000 I By husband The reporting person is a director and the sole shareholder of the corporation that owns the reported securities. The reporting person is a manager and the majority equity holder of the limited liability company that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein. All references to numbers of shares of the issuer's Common Stock set forth in this Form 4 reflect the Issuer's 2-for-1 Common Stock split effective Septebmer 11, 2001. Ingrid T. Mahan 2003-09-05