X0306 4 2018-11-15 0 0001000045 NICHOLAS FINANCIAL INC NICK 0001357521 MALSON KELLY M 2454 MCMULLEN BOOTH ROAD BUILDING C CLEARWATER FL 33759 0 1 0 0 CFO Common 2018-11-15 4 P 0 1610 11.67 A 19168 D Common 2018-11-15 4 A 0 1610 0 A 20778 D Purchase of shares was made in accordance with a 10b5-1 Plan previously executed. Represents the average purchase price. These shares were awarded pursuant to the reporting person's employment agreement. The closing stock price of the issuer's common stock on NASDAQ on 11/15/2018 was $11.73. /s/ Kelly M. Malson 2018-11-15