Andrew Murstein - Feb 16, 2023 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Role
President, Director
Signature
/s/ Andrew M. Murstein
Stock symbol
MFIN
Transactions as of
Feb 16, 2023
Transactions value $
-$67,572
Form type
4
Date filed
2/21/2023, 03:31 PM
Previous filing
Feb 16, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MFIN Common Stock Award $0 +111K +16.86% $0.00 767K Feb 16, 2023 Direct F1
transaction MFIN Common Stock Tax liability -$67.6K -8.52K -1.11% $7.93 759K Feb 17, 2023 Direct F2
holding MFIN Common Stock 1.48M Feb 16, 2023 See Footnote F3
* 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, 2024, March 1, 2025 and March 1, 2026.
F2 Shares withheld by the Issuer to satisfy tax obligations arising upon vesting of restricted stock award granted previously under the Medallion Financial Corp. 2018 Equity Incentive Plan in a transaction exempt under Rule 16b-3 under the Securities Exchange Act of 1934.
F3 Represents shares beneficially owned by the Andrew Murstein Family Trust.