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^*

Smith Edgar R. III

(Last)

(First)

(Middle)

400 EAST THOMAS STREET

(Street)

HAMMOND

70401

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
First Guaranty Bancshares, Inc. [ FGBI ]

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2022

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)
Common Stock	01/06/2022		P		54	A	$20.18	766,833	I	By Smith & Hood Investments, LLC⁽¹⁾
Common Stock	02/28/2022		P		500	A	$21.4⁽²⁾	767,333	I	By Smith & Hood Investments, LLC⁽¹⁾
Common Stock	03/15/2022		P		2,600	A	$21.6⁽³⁾	769,933	I	By Smith & Hood Investments, LLC⁽¹⁾
Common Stock	04/21/2022		P		10	A	$23.17	769,943	I	By Smith & Hood Investments, LLC⁽¹⁾
Common Stock	12/14/2022		P		500	A	$23.94	770,443	I	By Smith & Hood Investments, LLC⁽¹⁾
Common Stock	02/23/2023		L	V	390	A	$21.87	770,833	I	By Smith & Hood Investments, LLC⁽¹⁾
Common Stock	03/16/2022		P		900	A	$22.39	438,183⁽⁷⁾	D
Common Stock	04/12/2022		P		600	A	$24⁽⁴⁾	438,783⁽⁷⁾	D
Common Stock	05/04/2022		P		250	A	$25.21	439,033⁽⁷⁾	D
Common Stock	05/16/2022		P		25	A	$28.75	439,058⁽⁷⁾	D
Common Stock	06/16/2022		P		15	A	$25.85	439,073⁽⁷⁾	D
Common Stock	06/17/2022		P		712	A	$25.84⁽⁵⁾	439,785⁽⁷⁾	D
Common Stock	06/24/2022		P		1,500	A	$25.3⁽⁶⁾	441,285⁽⁷⁾	D
Common Stock	07/15/2022		P		500	A	$23.81	441,785⁽⁷⁾	D
Common Stock	08/30/2022		P		1,000	A	$22.35	442,785⁽⁷⁾	D
Common Stock	10/20/2022		P		500	A	$22.37	443,285⁽⁷⁾	D
Common Stock	06/30/2022		P		200	A	$24.47	200	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	07/01/2022		P		900	A	$24.99	1,100	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	07/06/2022		P		1,000	A	$24.9	2,100	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	07/18/2022		P		1,000	A	$24.39	3,100	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	08/26/2022		P		1,000	A	$23.65	4,100	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	08/30/2022		P		1,100	A	$22.75	5,200	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	09/23/2022		P		1,100	A	$21.71	6,300	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	01/06/2023		P		37	A	$23.7	6,337	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	01/10/2023		P		106	A	$23.7	6,443	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	01/11/2023		P		1,000	A	$23.7	7,443	I	By: MACSMITH LLC⁽⁸⁾
Common Stock	01/12/2023		L	V	6	A	$23.7	7,449	I	By: MACSMITH LLC⁽⁸⁾
Common Stock								1,062,817	I	By Smith & Hood Holding Company, LLC⁽⁸⁾
Common Stock								14,063	I	By: Smith-Hoover Holdings, L.L.C.⁽⁸⁾
Common Stock								77,450⁽⁹⁾	I	By: Big 4 Investments, LLC⁽⁸⁾

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. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Intervening reports did not reflect these transactions.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.34 to $21.42. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.40 to $21.63. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.99 to $24.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.65 to $25.84. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.14 to $25.30. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.

7. Intervening reports do not reflect these transactions. Includes shares acquired under a dividend reinvestment plan pursuant to Rule 16a-11.

8. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

9. Includes shares acquired under a dividend reinvestment plan pursuant to Rule 16a-11.

	/s/ Edgar R. Smith III	04/04/2023
	** 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).
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