INFINITE GROUP INC 4
4 · INFINITE GROUP INC · Filed Sep 21, 2016
Insider Transaction Report
Form 4
Hoyen Andrew T.
EVP - Chief Admin Officer
Transactions
- Purchase
Common Stock
2016-09-19$0.03/sh+80$2→ 125,080 total - Purchase
Common Stock
2016-09-20$0.03/sh+1,200$31→ 126,280 total
Holdings
- 500,000
Option
Exercise: $0.04Exp: 2019-09-30→ Common Stock (500,000 underlying) - 250,000
Option
Exercise: $0.02Exp: 2026-06-01→ Common Stock (250,000 underlying) - 250,000
Convertible Note
Exercise: $0.10Exp: 2018-03-31→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]The option s 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]Immediately.
- [F3]Includes the number of common shares issuable upon conversion of all principal.