MGP INGREDIENTS INC — Director's Dealing 2023

Aug 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MGP INGREDIENTS INC (MGPI)
CIK: 0000835011
Period of Report: 2023-08-25

Reporting Person: Lux Paul S. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-25	Common Stock	S	5732	$118.53	Disposed	597726	Indirect
2023-08-25	Common Stock	S	4268	$119.25	Disposed	593458	Indirect
2023-08-28	Common Stock	S	7526	$118.88	Disposed	585932	Indirect
2023-08-28	Common Stock	S	2474	$119.62	Disposed	583458	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.850 to $118.850, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.855 to $119.630, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.280 to $119.270, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (3) to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.290 to $120.145, inclusive. The reporting person undertakes to provide to MGP Ingredients Inc. (MGPI), any security holder of MGPI, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (4) to this Form 4.

F5: The shares in this transaction were sold by the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated 9/16/2005 ("Paul Trust"), of which Paul S. Lux is the sole trustee. Accordingly, Paul S. Lux may be deemed to hold sole voting and dispositive power with respect to the shares owned by the Paul Trust. Paul S. Lux is no longer a trustee of the Andrew Broddon Lux Luxco Irrevocable Trust dated 7/30/2012, or the Philip Donn Lux Luxco Irrevocable Trust dated 7/30/2012; as a result, the shares beneficially owned by those trusts are no longer included in the aggregate indirect ownership of the reporting person.