Joseph A. Geraci II - 31 Jul 2025 Form 4 Insider Report for Mill City Ventures III, Ltd (MCVT)

Reporting relationship: Chief Financial Officer, Director
Issuer ticker: MCVT
Reported as of: 31 Jul 2025
Net transaction value: +$3,768,751
SEC form: 4
Accepted by SEC: 04 Aug 2025, 19:09:10 UTC
Prior SEC filing: 09 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Joseph A. Geraci, II

Key filing fact

Joseph A. Geraci II filed Form 4 for Mill City Ventures III, Ltd (MCVT) on 04 Aug 2025.

Key facts

This page summarizes Joseph A. Geraci II's Form 4 filing for Mill City Ventures III, Ltd (MCVT).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 04 Aug 2025, 19:09.

Change

Previous filing in this sequence was filed on 09 Jul 2025.
Current net transaction value: +$3,768,751.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001394647 Primary reporting owner

GERACI JOSEPH ANTHONY II

Relationship: Chief Financial Officer, Director
Address: 1907 WAYZATA BOULEVARD, SUITE 205, WAYZATA
Signature: /s/ Joseph A. Geraci, II
Signature date: 04 Aug 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MCVT transaction Derivative

Common Stock Purchase Warrant

Award

Transaction value: $1,687,501
Shares: +311,347
Change %
Price: $5.42
Shares after: 311,347
Date: 31 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 311,347
Exercise price: $5.42
Footnotes: F1

MCVT transaction Derivative

Common Stock Purchase Warrant

Award

Transaction value: $1,350,003
Shares: +207,565
Change %
Price: $6.50
Shares after: 207,565
Date: 31 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 207,565
Exercise price: $6.50
Footnotes: F1

MCVT transaction Derivative

Common Stock Purchase Warrant

Award

Transaction value: $731,248
Shares: +103,782
Change %
Price: $7.05
Shares after: 103,782
Date: 31 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 103,782
Exercise price: $7.05
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The warrants are exercisable for a period of five years. The warrants will vest over a period of 24 months starting six months from the issue date in four equal instalments (being 25% every six months), subject to Mr. Geraci being employed by Mill City Ventures III, LP at each respective vesting date. Notwithstanding the foregoing, in the event that Mr. Geraci is terminated other than for cause or resigns for good reason (as defined in the individual's employment agreement), the vesting of all of such warrants will immediately accelerate and be fully vested as of the date of such termination.