Form 4 for MGPI MGP INGREDIENTS INC
Accepted 2023-06-13 00:00:00 ET · period of report 2023-06-09 · accession 0001140361-23-029576 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-06-13 | 2023-06-12 | MGPI | Lux Donn S. | Dir, 10% | S - Sale | $101.18 | -8,000 | 2.71M | -0.3% | -$809.4K |
| 2023-06-13 | 2023-06-09 | MGPI | Lux Donn S. | Dir, 10% | S - Sale | $101.69 | -2,005 | 0 | -100% | -$203.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-06-12 | S | D | 1,157 | $102.10 | 2,712,107 | I By Trusts | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.42, 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. (F3) The shares in this transaction were sold by the LUXCO 2017 Irrevocable Trust dated June 19, 2017 ("Luxco Trust"). Donn S. Lux is the sole trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux dated 9/16/2005 ("Lux 2005 Donn Trust") and the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux QSST LRD dated 9/16/2005 ("Lux 2005 QSST Trust") and he is the sole investment trustee of the Luxco Trust. He is no longer the sole family assets trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated 9/16/2005 or the sole trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Catherine N. Lux dated 9/16/2005; as a result, the 1,246,916 shares beneficially owned by these trusts are no longer included in the aggregate indirect ownership of the reporting person. Accordingly, Donn S. Lux may be deemed to hold sole voting and dispositive power with respect to the 2,705,264 Shares held by the Luxco Trust, the Lux 2005 Donn Trust and the Lux 2005 QSST Trust. |
| 2 | Common | Common Stock | 2023-06-09 | S | D | 2,005 | $101.69 | 0 | D By Trusts | — | — | (F3) The shares in this transaction were sold by the LUXCO 2017 Irrevocable Trust dated June 19, 2017 ("Luxco Trust"). Donn S. Lux is the sole trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux dated 9/16/2005 ("Lux 2005 Donn Trust") and the Ann S. Lux 2005 Irrevocable Trust FBO Donn S. Lux QSST LRD dated 9/16/2005 ("Lux 2005 QSST Trust") and he is the sole investment trustee of the Luxco Trust. He is no longer the sole family assets trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated 9/16/2005 or the sole trustee of the Ann S. Lux 2005 Irrevocable Trust FBO Catherine N. Lux dated 9/16/2005; as a result, the 1,246,916 shares beneficially owned by these trusts are no longer included in the aggregate indirect ownership of the reporting person. Accordingly, Donn S. Lux may be deemed to hold sole voting and dispositive power with respect to the 2,705,264 Shares held by the Luxco Trust, the Lux 2005 Donn Trust and the Lux 2005 QSST Trust. |
| 3 | Common | Common Stock | 2023-06-12 | S | D | 6,843 | $101.02 | 2,705,264 | I | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.50 to $101.44, 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. |