MGP INGREDIENTS INC — Director's Dealing 2021

Feb 8, 2021

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: MGP INGREDIENTS INC (MGPI)
CIK: 0000835011
Period of Report: 2020-12-31

Reporting Person: Seaberg Karen (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-05	Common Stock	S	6000	$35.82	Disposed	69188	Indirect
2020-12-02	Common Stock	S	10000	$43.03	Disposed	59188	Indirect
2020-08-05	Common Stock	S	6	$35.82	Disposed	67821	Indirect
2020-11-03	Common Stock	S	143	$41.02	Disposed	67678	Indirect
2020-12-30	Common Stock	S	680	$47.97	Disposed	66998	Indirect
2020-11-04	Common Stock	G	889	—	Acquired	889	Indirect
2020-11-05	Common Stock	G	1998	—	Acquired	2887	Indirect
2020-11-05	Common Stock	G	128210	—	Acquired	131097	Indirect
2020-11-06	Common Stock	G	1999	—	Acquired	133096	Indirect
2020-12-24	Common Stock	G	280603	—	Acquired	407517	Indirect
2020-12-31	Common Stock	G	291608	—	Disposed	407517	Indirect
2020-11-04	Common Stock	G	39118	—	Disposed	236245	Indirect
2020-11-05	Common Stock	G	128210	—	Disposed	108035	Indirect
2020-12-10	Common Stock	G	3380	—	Disposed	104655	Indirect
2020-12-24	Common Stock	G	280608	—	Disposed	91115	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	99066	Indirect
Common Stock	607	Direct
Common Stock	63404	Indirect
Common Stock	2364771	Indirect

Footnotes

F1: Amounts reflect any transactions that have been reported on Form 4 after the end of the fiscal year and prior to the filing of this Form 5.

F2: The reporting person is the trustee under the trust for each of her daughters. The reporting person disclaims beneficial ownership of the shares held by the trusts for the benefit of her daughters, and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for the purposes of Section 16 or for any other purpose.

F3: The reporting person transferred these shares from her trust and her spouse's trust to Seaberg MGP Holdings, LP, a limited partnership of which the reporting person is one of three directors of the general partner. The reporting person's trust and her spouse's trust are also limited partners.

F4: Represents gifts of limited partnership interests in Seaberg MGP Holdings, LP to trusts for the benefit of two individuals. Each gift represented an approximate 35.2% interest in Seaberg MGP Holdings, LP.

F5: The reporting person disclaims beneficial ownership of MGP common stock held by Cray MGP Holdings and Seaberg MGP Holdings except to the extent of her pecuniary interest therein.

F6: Due to clerical errors, the number of shares previously reported by the reporting person's spouse's trust was incorrectly reported. The correct number of shares owned by her spouse's trust is now being reported correctly.

F7: Includes 7,625 shares previously held directly which were contributed to the trust by the reporting person on November 17, 2020 and are now owned indirectly by the trust.

F8: Excludes 7,625 shares previously held directly which were contributed to the trust by the reporting person on November 17, 2020 and are now owned indirectly by the trust.