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4//SEC Filing

POLINSKY DOUGLAS MICHAEL 4

Accession 0001104659-22-102404

CIK 0001425355other

Filed

Sep 21, 8:00 PM ET

Accepted

Sep 22, 6:40 PM ET

Size

7.8 KB

Accession

0001104659-22-102404

Insider Transaction Report

Form 4
Period: 2022-09-20
POLINSKY DOUGLAS MICHAEL
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Common Stock

    2022-09-20$2.23/sh+11,210$24,998268,189 total
Holdings
  • Common Stock

    256,979
  • Common Stock

    (indirect: By LLC)
    128,915
  • Common Stock

    (indirect: By Great North Capital Corp.)
    30,850
Footnotes (4)
  • [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 cash compensation aggregating $25,000 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.

Issuer

Mill City Ventures III, Ltd

CIK 0001425355

Entity typeother

Related Parties

1
  • filerCIK 0001394819

Filing Metadata

Form type
4
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 6:40 PM ET
Size
7.8 KB