Michele Lux - Mar 14, 2022 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Role
Member of 10% holder group, 10%+ Owner
Signature
/s/ Michele B. Lux
Stock symbol
MGPI
Transactions as of
Mar 14, 2022
Transactions value $
$386,806
Form type
4
Date filed
3/16/2022, 10:05 AM
Previous filing
Dec 3, 2021
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGPI Common Stock Purchase $371K +4.8K +43.13% $77.34 15.9K Mar 14, 2022 By husband F1
transaction MGPI Common Stock Purchase $15.6K +200 +1.26% $77.85 16.1K Mar 14, 2022 By husband F2
holding MGPI Common Stock 367K Mar 14, 2022 By Michele B. Lux F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Michele B. Lux is the spouse of Donn S. Lux. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.81 to $77.80, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.81 to $77.845, inclusive.
F3 As one of three trustees, Michele B. Lux may be deemed to hold shared voting and dispositive power over the 367,370 shares held by the Andrew Broddon Lux Luxco Irrevocable Trust dated July 30, 2012 and the Philip Donn Lux Luxco Irrevocable Trust dated July 30, 2012.

Remarks:

The Reporting Person may be deemed to be part of a group due to the entry by certain persons into a Shareholders Agreement dated April 1, 2021 as previously disclosed on Donn S. Lux's Form 3/A filing with respect to MGPI dated October 7, 2021. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's common stock reported herein, except to the extent of her pecuniary interest therein.