POLINSKY DOUGLAS MICHAEL - 11 Apr 2022 Form 4 Insider Report for Mill City Ventures III, Ltd (MCVT)

Role
Chief Executive Officer, Director
Signature
/s/ Douglas M. Polinsky
Issuer symbol
MCVT
Transactions as of
11 Apr 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 21:32:20 UTC
Previous filing
04 Jan 2022
Next filing
22 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCVT Common Stock Award +10,000 +1.9% 538,705 11 Apr 2022 Direct F3
holding MCVT Common Stock 69,411 11 Apr 2022 By Great North Capital Corp. F1
holding MCVT Common Stock 290,055 11 Apr 2022 By Lantern Advisers LLC F2
holding MCVT Common Stock 528,705 11 Apr 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A Minnesota corporation of which the reporting person is the Chief Executive Officer.
F2 A Minnesota limited liability company of which the reporting person is a member and manager. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
F3 All of these 10,000 common shares are held, and subject to forfeiture, pursuant to a restricted stock agreement with the issuer. Subject to the terms of the restricted stock grant agreement, those 10,000 shares are scheduled to vest on January 24, 2023.