Donn S. Lux - Jun 15, 2022 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Signature
/s/ Donn S. Lux
Stock symbol
MGPI
Transactions as of
Jun 15, 2022
Transactions value $
$466,844
Form type
4
Date filed
6/17/2022, 11:28 AM
Previous filing
May 27, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGPI Common Stock Purchase $363K +3.89K +0.1% $93.22 3.95M Jun 15, 2022 By Donn S. Lux F1, F3
transaction MGPI Common Stock Purchase $104K +1.11K +0.03% $93.89 3.96M Jun 15, 2022 By Donn S. Lux F2, F3
holding MGPI Common Stock 2.01K Jun 15, 2022 Direct F3
* 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 purchased in multiple transactions at prices ranging from $92.52 to $93.50, 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 $93.55 to $94.01, inclusive.
F3 The shares in this transaction were purchased by the LUXCO 2017 Irrevocable Trust dated June 19, 2017. As trustee, Donn S. Lux may be deemed to hold sole voting and dispositive power with respect to the aggregate 3,955,180 shares held by the Luxco 2017 Irrevocable Trust dated June 19, 2017, the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux dated September 16, 2005, the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux QSST LRD dated September 16, 2005, the Ann S. Lux 2005 Irrevocable Trust FBO Caroline Lux Kaplan dated September 16, 2005 and the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated September 16, 2005. Donn Lux previously inadvertently reported 15,000 shares as purchased and held directly. These shares were purchased by the Luxco 2017 Irrevocable Trust dated June 19, 2017 and the aggregate totals have been adjusted accordingly. Donn S. Lux is the spouse of Michele B. Lux.

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 the Reporting Person'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 his pecuniary interest therein.