UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) In connection with Larry D. Hall’s retirement, effective December 31, 2021, from his positions as Senior Vice President and Chief Financial Officer of Medallion Financial Corp. (the “Company”), on December 21, 2021, the Compensation Committee (the “Committee”) of the Board of Directors of the Company approved the accelerated vesting of Mr. Hall’s shares of unvested restricted stock, such that Mr. Hall’s 31,301 shares of unvested restricted stock shall vest in full on December 27, 2021. Additionally, the Committee approved Mr. Hall’s eligibility for an annual cash bonus, the amount of which shall be determined in the first quarter of 2022.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 23, 2021
| MEDALLION FINANCIAL CORP. | ||
| By: | /s/ Larry D. Hall | |
| Name: Larry D. Hall | ||
| Title: Chief Financial Officer | ||
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Document and Entity Information |
Dec. 21, 2021 |
|---|---|
| Cover [Abstract] | |
| Entity Registrant Name | MEDALLION FINANCIAL CORP |
| Amendment Flag | false |
| Entity Central Index Key | 0001000209 |
| Document Type | 8-K |
| Document Period End Date | Dec. 21, 2021 |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-37747 |
| Entity Tax Identification Number | 04-3291176 |
| Entity Address, Address Line One | 437 Madison Avenue |
| Entity Address, City or Town | New York |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 10022 |
| City Area Code | (212) |
| Local Phone Number | 328-2100 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, par value $0.01 per share |
| Trading Symbol | MFIN |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |