Edgar Filing: REYNOLDS MARSHALL T

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 ^*

REYNOLDS MARSHALL T

2. Issuer Name and Ticker or Trading Symbol
PREMIER FINANCIAL BANCORP INC [PFBI]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman of the Board

(Last)

(First)

(Middle)

2450 FIRST AVENUE, P O BOX 2968

3. Date of Earliest Transaction (Month/Day/Year)
10/12/2018

(Street)

HUNTINGTON, WV 25728

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
PFBI Common Stock	10/12/2018		J/K⁽¹⁾		75,468 ⁽¹⁾	A	⁽¹⁾	993,080 ⁽²⁾	D
PFBI Common Stock	10/12/2018		J/K⁽³⁾		7,771 ⁽³⁾	A	⁽³⁾	101,037 ⁽⁴⁾	I	by Spouse
PFBI Common Stock								47,100 ⁽⁵⁾	I	by Harrah & Reynolds Corporation
PFBI Common Stock	10/12/2018		J/K⁽⁶⁾		20,790 ⁽⁶⁾	A	⁽⁶⁾	20,790	I	by Pritchard Electric
PFBI Common Stock	10/12/2018		J/K⁽⁷⁾		3,929 ⁽⁷⁾	A	⁽⁷⁾	3,929	I	by Champion Leasing

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
REYNOLDS MARSHALL T 2450 FIRST AVENUE P O BOX 2968 HUNTINGTON, WV 25728	X		Chairman of the Board

Signatures

/s/ Marshall T. Reynolds		10/16/2018
^**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)	On October 12, 2018, Premier Financial Bancorp, Inc. (PFBI) acquired First Bank of Charleston, Inc. ("First Bank") by issuing 1.199 shares of PFBI for each share of First Bank. The reporting person directly owned First Bank shares that were converted to 75,468 shares of PFBI.
(2)	On June 8, 2018, Premier Financial Bancorp, Inc. issued a 5 for 4 stock split (1 share for every 4 shares owned on record date) to shareholders of record on June 4, 2018. Reporting person's last reported direct ownership of PFBI Common Stock has been increased by 183,521 shares to reflect the 5 for 4 stock split.
(3)	On October 12, 2018, Premier Financial Bancorp, Inc. (PFBI) acquired First Bank of Charleston, Inc. ("First Bank") by issuing 1.199 shares of PFBI for each share of First Bank. The reporting person indirectly owned First Bank shares that were converted to 7,771 shares of PFBI.
(4)	On June 8, 2018, Premier Financial Bancorp, Inc. issued a 5 for 4 stock split (1 share for every 4 shares owned on record date) to shareholders of record on June 4, 2018. Reporting person's last reported indirect ownership of PFBI Common Stock has been increased by 18,653 shares to reflect the 5 for 4 stock split.
(5)	On June 8, 2018, Premier Financial Bancorp, Inc. issued a 5 for 4 stock split (1 share for every 4 shares owned on record date) to shareholders of record on June 4, 2018. Reporting person's last reported indirect ownership of PFBI Common Stock has been increased by 9,420 shares to reflect the 5 for 4 stock split.
(6)	On October 12, 2018, Premier Financial Bancorp, Inc. (PFBI) acquired First Bank of Charleston, Inc. ("First Bank") by issuing 1.199 shares of PFBI for each share of First Bank. The reporting person indirectly owned First Bank shares that were converted to 20,790 shares of PFBI.
(7)	On October 12, 2018, Premier Financial Bancorp, Inc. (PFBI) acquired First Bank of Charleston, Inc. ("First Bank") by issuing 1.199 shares of PFBI for each share of First Bank. The reporting person indirectly owned First Bank shares that were converted to 3,929 shares of PFBI.

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