ANDREW MURSTEIN - 01 Mar 2023 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Signature
/s/ Andrew M. Murstein
Issuer symbol
MFIN
Transactions as of
01 Mar 2023
Transactions value $
-$226,624
Form type
4
Filing time
03 Mar 2023, 15:10:39 UTC
Previous filing
21 Feb 2023
Next filing
07 Mar 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 01 Mar 2023 Direct F1
holding MFIN Common Stock 1.48M 01 Mar 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.