MEDALLION FINANCIAL CORP — Director's Dealing 2016

Dec 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDALLION FINANCIAL CORP (MFIN)
CIK: 0001000209
Period of Report: 2016-12-08

Reporting Person: MURSTEIN ALVIN (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-08	Common Stock	S	60000	$3.5802	Disposed	119074	Direct
2016-12-08	Common Stock	P	60000	$3.5988	Acquired	1228182	Indirect
2016-12-09	Common Stock	S	40000	$3.6616	Disposed	79074	Direct
2016-12-09	Common Stock	P	40000	$3.6981	Acquired	1268182	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70118	Indirect
Common Stock	117660	Indirect
Common Stock	5000	Indirect

Footnotes

F1: For tax planning purposes, Mr. Murstein sold these shares that he held directly and purchased the equivalent amount of shares through a family trust, as described in Note (2) below. In accordance with Section 16(b) of the Securities Exchange Act of 1934, as amended, Mr. Murstein has disgorged to Medallion Financial Corp. short-swing profits from such transaction in the amount of $2,512.00.

F2: Represents shares beneficially owned by the Alvin Murstein Second Family Trust registered in the name of Morgan Stanley of which Mr. Murstein is a co-trustee and the beneficiary.

F3: Represents shares beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary.

F4: Represents beneficially owned by the Aileen J. Murstein Family 2012 Trust of which Mr. Murstein is the grantor and Mr. Murstein's spouse is a co-trustee and the beneficiary.

F5: Represents shares owned by Mr. Murstein's spouse.