Mill City Ventures adopts 2022 Stock Incentive Plan, grants options to CEO, CFO, and directors

SUI Group Holdings Ltd.

Plan authorizes up to 900,000 shares of common stock for incentive awards, subject to shareholder approval.
CEO Douglas M. Polinsky and CFO Joseph A. Geraci each granted non-statutory options for 250,000 shares at $2.12/share.
Three independent directors each granted non-statutory options for 100,000 shares at same price.
Options cannot be exercised until shareholders approve the Plan; Plan terminates on 10th anniversary of adoption.
Grants recognize successful Nasdaq listing and operating results, per Compensation Committee.

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