Andrew Murstein - Mar 1, 2023 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Signature
/s/ Andrew M. Murstein
Stock symbol
MFIN
Transactions as of
Mar 1, 2023
Transactions value $
-$226,624
Form type
4
Date filed
3/3/2023, 03:10 PM
Previous filing
Feb 21, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MFIN Common Stock Tax liability -$227K -26.7K -3.52% $8.49 732K Mar 1, 2023 Direct F1
holding MFIN Common Stock 1.48M Mar 1, 2023 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares beneficially owned by the Andrew Murstein Family Trust.