Medallion Financial Corp.
8.07%
1,869,242
1000209
583928106
Feb 12, 2025
Feb 18, 2025, 04:18 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Alvin Murstein | Individual | 8.07% | 1,869,242 | 1,869,242 | 0 |
Disclosure Items (3)
Common Stock, $0.01 Par Value
Medallion Financial Corp.
437 Madison Avenue, New York, NY, 10022
Item 3 is hereby amended and restated in its entirety as follows: The 284,717 shares of Common Stock held directly by Mr. Murstein, the 117,660 shares of Common Stock held by the Aileen J. Murstein Family 2012 Trust and the 5,000 shares of Common Stock held directly by Mr. Murstein's spouse were purchased with approximately $998,539 of personal funds; the 1,358,300 shares of Common Stock held by the Alvin Murstein Second Family Trust (the "Trust"), of which Mr. Murstein is a trustee, were purchased with approximately $496,885 of funds of the Trust.
Item 5(a) is hereby amended and restated in its entirety as follows: As of the close of business on February 13, 2025, Mr. Murstein was the beneficial owner of 1,869,242 (including 103,565 shares which may be acquired upon the exercise of stock options). Such shares constituted approximately 8.07% of 23,067,748 shares outstanding as of November 6, 2024 as reported on the cover page to the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024.
Item 5(c) is hereby amended and restated in its entirety as follows: Mr. Murstein has affected the following transaction in the Common Stock during the last sixty days: On February 13, 2025, Mr. Murstein received 23,514 restricted shares of Common Stock awarded under the Medallion Financial Corp. 2018 Equity Incentive Plan which will vest in equal one-third increments on March 1, 2026, March 1, 2027 and March 1, 2028.