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MGP INGREDIENTS INC Director's Dealing 2016

Dec 13, 2016

32795_dirs_2016-12-13_0fd7fd8f-9372-4a98-a629-c65a2b132b9e.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: 2016-12-09

Reporting Person: Seaberg Karen (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-12-09 Common Stock S 2000 $49.58 Disposed 692282 Indirect
2016-12-09 Common Stock S 1500 $49.55 Disposed 113042 Indirect
2016-12-12 Common Stock S 600 $49.88 Disposed 212757 Indirect
2016-12-12 Common Stock S 15000 $50.01 Disposed 2545202 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 10000 Direct

Footnotes

F1: Sales by the reporting person's spouse's trust, spouse's IRA, and by her trust were made to fund year-end gifts. Sales by Cray MGP Holdings LP were made to satisfy required minimum distributions, make distributions to partners in the limited partnership, make charitable donations to community charities, and to permit diversification of the limited partnership's assets.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.51 to $49.62, inclusive. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote 2.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.51 to $49.70, inclusive. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote 3.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.88 to $49.89, inclusive. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.91 to $50.14, inclusive. The reporting person undertakes to provide to MGP Ingredients, Inc., any security holder of MGP Ingredients, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote 5.