INFINITE GROUP INC 4
4 · INFINITE GROUP INC · Filed Jun 3, 2016
Insider Transaction Report
Form 4
Hoyen Andrew T.
EVP - Chief Admin Officer
Transactions
- Purchase
Common Stock
2016-06-01$0.02/sh+50,000$800→ 105,000 total
Holdings
- 250,000
Option
Exercise: $0.02Exp: 2026-06-01→ Common Stock (250,000 underlying) - 500,000
Option
Exercise: $0.04Exp: 2019-09-30→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]The option is exercisable to purchase 200,000 common shares beginning on October 1, 2014, grant date, and to purchase an additional 300,000 common shares based on meeting specific sales performance criteria.
- [F2]The option was awarded on June 2, 2016, grant date, and is immediately exercisable.