4//SEC Filing
POLINSKY DOUGLAS MICHAEL 4
Accession 0001654954-25-008941
CIK 0001425355other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 7:06 PM ET
Size
9.7 KB
Accession
0001654954-25-008941
Insider Transaction Report
Form 4
POLINSKY DOUGLAS MICHAEL
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock Purchase Warrant
2025-07-31$6.50/sh+207,565$1,350,003→ 207,565 totalExercise: $6.50Exp: 2030-07-31→ Common Stock (207,565 underlying) - Award
Common Stock Purchase Warrant
2025-07-31$5.42/sh+311,347$1,687,501→ 311,347 totalExercise: $5.42Exp: 2030-07-31→ Common Stock (311,347 underlying) - Award
Common Stock Purchase Warrant
2025-07-31$7.05/sh+103,782$731,248→ 103,782 totalExercise: $7.05Exp: 2030-07-31→ Common Stock (103,782 underlying)
Footnotes (1)
- [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. Polinsky being employed by Mill City Ventures III, LP at each respective vesting date. Notwithstanding the foregoing, in the event that Mr. Polinsky 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.
Documents
Issuer
Mill City Ventures III, Ltd
CIK 0001425355
Entity typeother
Related Parties
1- filerCIK 0001394819
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 7:06 PM ET
- Size
- 9.7 KB