Alvin Murstein - Mar 1, 2022 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Role
Chairman & Chief Executive Officer, Director
Signature
/s/Alvin Murstein
Stock symbol
MFIN
Transactions as of
Mar 1, 2022
Transactions value $
$83,633
Form type
4
Date filed
3/2/2022, 07:33 AM
Previous filing
Feb 22, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MFIN Common Stock Purchase $83.6K +10K +12.48% $8.36 90.1K Mar 1, 2022 See Footnote F1, F2
holding MFIN Common Stock 244K Mar 1, 2022 Direct
holding MFIN Common Stock 1.27M Mar 1, 2022 See Footnote F3
holding MFIN Common Stock 118K Mar 1, 2022 See Footnote F4
holding MFIN Common Stock 5K Mar 1, 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.2600 to $8.4165, inclusive. The reporting person undertakes to provide to Medallion Financial Corp., any security holder of Medallion Financial Corp., or the staff of the Securities and Exchange Commission, upon request, the number of shares sold at each separate price within the above range.
F2 Represents shares beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary.
F3 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.
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