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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
ACHESON WILLIAM
   2. Issuer Name and Ticker or Trading Symbol
GWG Holdings, Inc. [GWGH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last)
(First)
(Middle)
220 SOUTH SIXTH STREET, SUITE 1200		 3. Date of Earliest Transaction (Month/Day/Year)
08/16/2018
(Street)

MINNEAPOLIS, MN 55402		 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)
Code V Amount (A) or (D) Price
Common Stock, $.001 par value 08/16/2018   M   5,000 A $ 7.92 5,000 D  
Common Stock, $.001 par value 08/16/2018   F   4,222 D $ 11.5 778 D  
Common Stock, $.001 par value 08/16/2018   M   5,000 A $ 9.01 5,778 D  
Common Stock, $.001 par value 08/16/2018   F   4,558 D $ 10.95 1,220 D  
Common Stock, $.001 par value 08/16/2018   M   30,000 A $ 8 31,220 D  
Common Stock,$.001 par value 08/16/2018   F   25,959 D $ 10.95 5,261 D  
Common Stock, $.001 par value 08/16/2018   M   5,000 A $ 9.25 10,261 D  
Common Stock, $.001 par value 08/16/2018   F   4,612 D $ 10.95 5,649 D  
Common Stock, $.001 par value 08/20/2018   M   90,000 A $ 7.53 95,649 D  
Common Stock, $.001 par value 08/20/2018   F   73,844 D $ 11.5 21,805 D  
Common Stock, $.001 par value 08/20/2018   M   32,500 A $ 7.46 54,305 D  
Common Stock, $.001 par value 08/20/2018   M   3,333 A $ 6 57,638 D  
Common Stock, $.001 par value 08/20/2018   M   3,333 A $ 6.35 60,971 D  
Common Stock, $.001 par value 08/20/2018   M   3,333 A $ 6.41 64,304 D  

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 7.92 08/16/2018   M     5,000 09/02/2017 09/01/2024 Common Stock 5,000 $ 0 0 D  
Stock Options (right to buy) $ 9.01 08/16/2018   M     5,000 11/24/2017 11/23/2024 Common Stock 5,000 $ 0 0 D  
Stock Options (right to buy) $ 8 08/16/2018   M     30,000 03/11/2018 03/10/2025 Common Stock 30,000 $ 0 0 D  
Stock Options (right to buy) $ 9.25 08/16/2018   M     5,000 06/12/2018 06/11/2025 Common Stock 5,000 $ 0 0 D  
Stock Options (right to buy) $ 7.53 08/20/2018   M     90,000 04/06/2018 04/05/2025 Common Stock 90,000 $ 0 0 D  
Stock Options (right to buy) $ 7.46 08/20/2018   M     32,500 05/27/2017 05/26/2024 Common Stock 32,500 $ 0 0 D  
Stock Options (right to buy) $ 6 08/20/2018   M     3,333 12/29/2017 12/28/2025 Common Stock 3,333 $ 0 1,667 D  
Stock Options (right to buy) $ 6.35 08/20/2018   M     3,333 04/30/2018 04/29/2026 Common Stock 3,333 $ 0 1,667 D  
Stock Options (right to buy) $ 6.41 08/20/2018   M     3,333 05/13/2018 05/13/2026 Common Stock 3,333 $ 0 1,667 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ACHESON WILLIAM
220 SOUTH SIXTH STREET, SUITE 1200
MINNEAPOLIS, MN 55402		       Chief Financial Officer  

Signatures

 /s/ William Acheson   09/04/2018
**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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.