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

1. Name and Address of Reporting Person *

REYNOLDS MARSHALL T
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                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman of the Board
(Last)          (First)          (Middle)

400 EAST THOMAS STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

6/16/2017
(Street)

HAMMOND, LA 70401
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
First Guaranty Bancshares, Inc. $1 Par Common Stock   6/16/2017     A    2975   A   (2) 1596008   (1) D    
First Guaranty Bancshares, Inc. $1 Par Common Stock                  26047   (1) I   by trust, M.T. Reynolds Irrevocable Trust  
First Guaranty Bancshares, Inc. $1 Par Common Stock                  8726   (1) I   By grandchildren  
First Guaranty Bancshares, Inc. $1 Par Common Stock                  5682   (1) I   by affiliate, The Harah and Reynolds Corporation  
First Guaranty Bancshares, Inc. $1 Par Common Stock                  11485   (1) I   by wife, Shirley Reynolds  
First Guaranty Bancshares, Inc. $1 Par Common Stock                  5000   (1) I   by affiliate, Champion Leasing Corp.  
First Guaranty Bancshares, Inc. $1 Par Common Stock                  3630   (1) I   by affiliate, Purple Cap, LLC  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
(2)  Received in exchange for shares of Premier Bancshares, Inc. common stock in connection with the merger of Premier Bancshares, Inc. into First Guaranty Bancshares, Inc.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
REYNOLDS MARSHALL T
400 EAST THOMAS STREET
HAMMOND, LA 70401
X X Chairman of the Board

Signatures
/s/ Marshall T. Reynolds 6/20/2017
** 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 control number.
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