Douglas M. Polinsky - Sep 20, 2022 Form 4/A - Amendment Insider Report for Mill City Ventures III, Ltd (MCVT)

Signature
/s/ Douglas M. Polinsky
Stock symbol
MCVT
Transactions as of
Sep 20, 2022
Transactions value $
$12,898
Form type
4/A - Amendment
Date filed
9/23/2022, 07:32 PM
Date Of Original Report
Sep 22, 2022
Previous filing
Sep 16, 2022
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCVT Common Stock Award $12.9K +5.78K +2.25% $2.23 263K Sep 20, 2022 Direct F3, F4
holding MCVT Common Stock 30.9K Sep 20, 2022 By Great North Capital Corp. F1
holding MCVT Common Stock 129K Sep 20, 2022 By Lantern Advisers LLC F2
holding MCVT Common Stock 257K Sep 20, 2022 Direct F3
* 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 Of the reported amount, 10,000 common shares are held subject to forfeiture pursuant to a restricted stock agreement with the issuer under which all such shares are to vest, and forfeiture restrictions lapse, on January 24, 2023.
F4 Shares were acquired by the reporting person pursuant to a stock award made by the issuer, upon approval of the full Board of Directors and election of the reporting person, in lieu of regular cash compensation (net of taxes) for the fiscal quarter ended September 30, 2022. The reported price is the closing market price of the common stock on the date of the stock award.

Remarks:

This amendment is filed to correct an error in the number of shares acquired as reported on the original Form 4.