Joseph A. Geraci II - 11 Apr 2022 Form 4 Insider Report for Mill City Ventures III, Ltd (MCVT)

Role
Chief Financial Officer, Director
Signature
/s/ Joseph A. Geraci, II
Issuer symbol
MCVT
Transactions as of
11 Apr 2022
Net transactions value
$0
Form type
4
Filing time
20 May 2022, 09:29:45 UTC
Next filing
23 Sep 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 +1.4% 710,500 11 Apr 2022 Direct F2
holding MCVT Common Stock 17,273 11 Apr 2022 By spouse
holding MCVT Common Stock 290,055 11 Apr 2022 By Lantern Advisers LLC F1
holding MCVT Common Stock 700,500 11 Apr 2022 Direct
holding MCVT Common Stock 1,000 11 Apr 2022 By self as UTMA custodian for minor child F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 All of these 10,000 common shares are 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.
F3 These common shares were transferred as a bona fide gift but remain "beneficially owned" under 17 CFR 240.13d-3. The reporting person disclaims beneficial ownership of these shares.