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MGP INGREDIENTS INC Director's Dealing 2011

Jun 2, 2011

32795_dirs_2011-06-02_658986a0-5cc2-42fa-879d-df8ed7120fab.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MGP INGREDIENTS INC (MGPI)
CIK: 0000835011
Period of Report: 2011-05-31

Reporting Person: Seaberg Karen (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-31 Common Stock M 96000 Acquired 96000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-31 Stock Options $4.65 M 48000 Disposed 2011-06-08 Common Stock (48000) Indirect
2011-05-31 Stock Options $6.44 M 48000 Disposed 2011-06-30 Common Stock (48000) Indirect

Footnotes

F1: All 96,000 shares were stock options that were exercised. 48,000 were at $4.65; 48,000 were at $6.44.