SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

REYNOLDS MARSHALL T

(Last)

(First)

(Middle)

2450 FIRST AVENUE

P O BOX 2968

(Street)

HUNTINGTON

25728

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2021

4. If Amendment, Date of 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

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	09/17/2021		D⁽¹⁾		848,495⁽¹⁾	D	⁽¹⁾	0	D
PFBI Common Stock	09/17/2021		D⁽²⁾		101,037⁽²⁾	D	⁽²⁾	0	I	by Estate of Deceased Spouse
PFBI Common Stock	09/17/2021		D⁽³⁾		47,100⁽³⁾	D	⁽³⁾	0	I	by Harrah & Reynolds Corporation
PFBI Common Stock	09/17/2021		D⁽⁴⁾		20,790⁽⁴⁾	D	⁽⁴⁾	0	I	by Pritchard Electric
PFBI Common Stock	09/17/2021		D⁽⁵⁾		3,929⁽⁵⁾	D	⁽⁵⁾	0	I	by Champion Leasing

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 492,127 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger.

2. PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 58,601 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger.

3. PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 27,318 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger.

4. PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 12,058 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger.

5. PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 2,278 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger.

	/s/ Marshall T. Reynolds	09/17/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

SEC Form 4: Reynolds Marshall T returned 1,021,351 units of PFBI Common Stock to the company, closing all direct ownership in the company