Alvin Murstein - 17 Feb 2022 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Role
Chairman & Chief Executive Officer, Director
Signature
/s/Alvin Murstein
Issuer symbol
MFIN
Transactions as of
17 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 15:11:55 UTC
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MFIN Common Stock Award $0 +43,078 +21% $0.000000 244,077 17 Feb 2022 Direct F1
holding MFIN Common Stock 1,268,182 17 Feb 2022 See Footnote F2
holding MFIN Common Stock 80,118 17 Feb 2022 See Footnote F3
holding MFIN Common Stock 117,660 17 Feb 2022 See Footnote F4
holding MFIN Common Stock 5,000 17 Feb 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of common stock awarded under the Medallion Financial Corp. 2018 Equity Incentive Plan which will vest in equal one-third increments on March 1, 2023, March 1, 2024 and March 1, 2025.
F2 Represents shares beneficially owned by the Alvin Murstein Second Family Trust registered in the name of Morgan Stanley of which Mr. Murstein is a co-trustee and the beneficiary.
F3 Represents shares beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary.
F4 Represents beneficially owned by the Aileen J. Murstein Family 2012 Trust of which Mr. Murstein is the grantor and Mr. Murstein's spouse is a co-trustee and the beneficiary.
F5 Represents shares owned by Mr. Murstein's spouse.

Remarks:

Chairman & Chief Executive Officer