MEDALLION FINANCIAL CORP — Director's Dealing 2021

Mar 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDALLION FINANCIAL CORP (MFIN)
CIK: 0001000209
Period of Report: 2021-03-04

Reporting Person: MURSTEIN ALVIN (Director, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-04	Common Stock	A	16235	$0.00	Acquired	200999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-04	Common Stock (right to buy)	$6.79	A	31505	Acquired	2031-03-04	Common Stock (31505)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1268182	Indirect
Common Stock	80118	Indirect
Common Stock	117660	Indirect
Common Stock	5000	Indirect

Footnotes

F1: Represents restricted shares of common stock awarded under the Medallion Financial Corp. 2018 Equity Incentive Plan which will vest in equal one-fourth increments on March 4, 2022, March 4, 2023, March 4, 2024 and March 4, 2025.

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.

F6: One-fourth of the options will become exercisable on March 4, 2022, March 4, 2023, March 4, 2024 and March 4, 2025.