X0306 4 2020-02-17 0 0001000209 MEDALLION FINANCIAL CORP MFIN 0001000210 MURSTEIN ALVIN C/O MEDALLION FINANCIAL CORP. 437 MADISON AVENUE NEW YORK NY 10022 1 1 0 0 Chairman & CEO Common Stock 2020-02-17 4 A 0 18336 0.00 A 184764 D Common Stock 1268182 I See Footnotes Common Stock 80118 I See Footnotes Common Stock 117660 I See Footnotes Common Stock 5000 I See Footnotes Common Stock (right to buy) 6.68 2020-02-17 4 A 0 37161 0.00 A 2030-02-17 Common Stock 37161 72060 D Represents restricted shares of common stock awarded under the Medallion Financial Corp. 2018 Equity Incentive Plan which will vest in equal one-fourth increments on February 17, 2021, February 17, 2022, February 17, 2023 and February 17, 2024. Represents shares beneficially owned by the Alvin Murstein Second Family Trust registered in the name of Morgan Stanley of which Mr. Murstein is a co-trustee and the beneficiary. Represents shares beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary. Represents beneficially owned by the Aileen J. Murstein Family 2012 Trust of which Mr. Murstein is the grantor and Mr. Murstein's spouse is a co-trustee and the beneficiary. Represents shares owned by Mr. Murstein's spouse. One-fourth of the options will become exercisable on February 17, 2021, February 17, 2022, February 17, 2023 and February 17, 2024. /s/Alvin Murstein 2020-02-18