X0306 4 2016-12-08 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 2016-12-08 4 S 0 60000 3.5802 D 119074 D Common Stock 2016-12-08 4 P 0 60000 3.5988 A 1228182 I See Footnote Common Stock 2016-12-09 4 S 0 40000 3.6616 D 79074 D Common Stock 2016-12-09 4 P 0 40000 3.6981 A 1268182 I See Footnote Common Stock 70118 I See Footnote Common Stock 117660 I See Footnote Common Stock 5000 I See Footnote For tax planning purposes, Mr. Murstein sold these shares that he held directly and purchased the equivalent amount of shares through a family trust, as described in Note (2) below. In accordance with Section 16(b) of the Securities Exchange Act of 1934, as amended, Mr. Murstein has disgorged to Medallion Financial Corp. short-swing profits from such transaction in the amount of $2,512.00. 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. /s/Alvin Murstein 2016-12-12