Karen Seaberg - 03 Jul 2023 Form 4 Insider Report for MGP INGREDIENTS INC (MGPI)

Role: Director, 10%+ Owner
Signature: Karen Seaberg
Issuer symbol: MGPI
Transactions as of: 03 Jul 2023
Net transactions value: -$1,236,157
Form type: 4
Filing time: 06 Jul 2023, 13:10:03 UTC
Previous filing: 21 Jun 2023
Next filing: 07 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGPI	common stock	Sale	$80,902	-759	-0.03%	$106.59	2,266,983	03 Jul 2023	by Cray MGP Holdings LP	F1
transaction	MGPI	common stock	Sale	$781,658	-7,334	-0.32%	$106.58	2,259,649	05 Jul 2023	by Cray MGP Holdings LP	F2
transaction	MGPI	common stock	Sale	$39,971	-375	-0.42%	$106.59	87,878	03 Jul 2023	by IRA	F1
transaction	MGPI	common stock	Sale	$16,202	-152	-0.27%	$106.59	55,698	03 Jul 2023	by GST Trust for LM	F1
transaction	MGPI	common stock	Sale	$16,202	-152	-0.24%	$106.59	62,207	03 Jul 2023	by GST Trust for MH	F1
transaction	MGPI	common stock	Sale	$201,242	-1,888	-0.48%	$106.59	392,795	03 Jul 2023	by Seaberg MGP Holdings	F1
transaction	MGPI	common stock	Sale	$99,981	-938	-0.58%	$106.59	160,823	03 Jul 2023	by Trust	F1
holding	MGPI	common stock						336	03 Jul 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Represents a weighted average price per share. These shares were sold in multiple transactions as a single block trade at prices ranging from $105.50 to $107.11 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	Represents a weighted average price per share. These shares were sold in multiple transactions as a single block trade at prices ranging from $106.20 to $106.96 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

Represents a weighted average price per share. These shares were sold in multiple transactions as a single block trade at prices ranging from $105.50 to $107.11 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Represents a weighted average price per share. These shares were sold in multiple transactions as a single block trade at prices ranging from $106.20 to $106.96 per share. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.