Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated September 16, 2005 - Aug 25, 2023 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Role: Member of 10% holder group, 10%+ Owner
Signature: /s/ Paul S. Lux as sole investment trustee of the Reporting Person
Stock symbol: MGPI
Transactions as of: Aug 25, 2023
Transactions value $: -$2,379,004
Form type: 4
Date filed: 8/29/2023, 04:20 PM
Previous filing: Aug 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGPI	Common Stock	Sale	-$679K	-5.73K	-0.95%	$118.53	598K	Aug 25, 2023	Direct	F1
transaction	MGPI	Common Stock	Sale	-$509K	-4.27K	-0.71%	$119.25	593K	Aug 25, 2023	Direct	F2
transaction	MGPI	Common Stock	Sale	-$895K	-7.53K	-1.27%	$118.88	586K	Aug 28, 2023	Direct	F3
transaction	MGPI	Common Stock	Sale	-$296K	-2.47K	-0.42%	$119.62	583K	Aug 28, 2023	Direct	F4

* 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 $117.850 to $118.850, 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) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.855 to $119.630, 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 (2) to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.280 to $119.270, 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 (3) to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.290 to $120.145, 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 (4) to this Form 4.

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 the Reporting Person's pecuniary interest therein.