MEDALLION FINANCIAL CORP — Director's Dealing 2011

Nov 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDALLION FINANCIAL CORP (TAXI)
CIK: 0001000209
Period of Report: 2011-11-07

Reporting Person: Yin Jeffrey John (See General Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-07	Common Stock	M	20000	$9.60	Acquired	22491	Direct
2011-11-07	Common Stock	M	3209	$9.22	Acquired	25700	Direct
2011-11-07	Common Stock	S	21209	$11.82	Disposed	4491	Direct
2011-11-08	Common Stock	M	6791	$9.22	Acquired	11282	Direct
2011-11-08	Common Stock	S	6791	$11.71	Disposed	4491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-07	Common Stock (right to buy)	$9.60	M	20000	Disposed	2015-07-27	Common Stock (20000)	Direct
2011-11-07	Common Stock (right to buy)	$9.22	M	3209	Disposed	2018-04-03	Common Stock (1209)	Direct
2011-11-08	Common Stock (right to buy)	$9.22	M	6791	Disposed	2018-04-03	Common Stock (6791)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1200	Indirect

Footnotes

F1: Represents shares beneficially owned by the Mr. Yin's individual retirement account.

F2: One-third of the options vested on the date of grant, one-third of the options vested on the second anniversary of the date of grant and the balance vested on the third anniversary of the date of grant. All options have fully vested.

F3: One-third of the options vested on the first, second and third anniversaries of the date of grant. All options have fully vested.