MEDALLION FINANCIAL CORP — Director's Dealing 2017

May 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDALLION FINANCIAL CORP (MFIN)
CIK: 0001000209
Period of Report: 2017-05-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-24	9.000% Notes due 2021	P	27500	$23925.00	Acquired		Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	127618	Direct
Common Stock	1268182	Indirect
Common Stock	70118	Indirect
Common Stock	117660	Indirect
Common Stock	5000	Indirect

Footnotes

F1: Represents 1,100 notes ($25 face amount per note) purchased by the Alvin Murstein Second Family Trust at $21.75 per note.

F2: Represents notes beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary.

F3: 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.

F4: Represents shares beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary.

F5: 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.

F6: Represents shares owned by Mr. Murstein's spouse.