SMITH MICHAEL S 4
4 · INFINITE GROUP INC · Filed Dec 2, 2009
Insider Transaction Report
Form 4
SMITH MICHAEL S
DirectorPRESIDENT and CEO
Transactions
- Sale
Common Stock
2009-11-30$0.19/sh−10,000$1,900→ 290,000 total(indirect: By Spouse)
Holdings
- 500,000
Qualified
Exercise: $0.25From: 2005-03-09Exp: 2015-03-09→ Common Stock (500,000 underlying) - 5,000
Nonqualified
Exercise: $1.50From: 2000-12-31Exp: 2010-12-31→ Common Stock (5,000 underlying) - 5,000
Nonqualified
Exercise: $0.14From: 2002-12-31Exp: 2012-12-31→ Common Stock (5,000 underlying) - 500,000
Qualified
Exercise: $0.05From: 2003-05-05Exp: 2013-05-05→ Common Stock (500,000 underlying) - 10,000
Nonqualified
Exercise: $1.38From: 1999-12-31Exp: 2009-12-31→ Common Stock (10,000 underlying) - 5,000
Nonqualified
Exercise: $2.53From: 2001-12-31Exp: 2011-12-31→ Common Stock (5,000 underlying) - 125,000
Qualified
Exercise: $0.16From: 2010-02-05Exp: 2019-02-04→ Common Stock (125,000 underlying) - 10,000(indirect: By Son)
Common Stock
Footnotes (2)
- [F1]Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's wife in January 2009.
- [F2]The options are exercisable to purchase one-third of the shares beginning on 2/5/10, the 1st anniversary date, and to purchase an additional one-third of the shares on each of the 2nd and 3rd anniversaries of the date of grant (2/5/09).