INFINITE GROUP INC 4
4 · INFINITE GROUP INC · Filed Sep 22, 2016
Insider Transaction Report
Form 4
VILLA JAMES
Director10% Owner
Transactions
- Purchase
Common Stock
2016-09-20$0.03/sh+11,000$382→ 11,000 total
Holdings
- 4,264,252
Convertible Note
Exercise: $0.05Exp: 2017-01-01→ Common Stock (4,264,252 underlying) - 500,000
Option
Exercise: $0.05Exp: 2024-01-20→ Common Stock (500,000 underlying)
Footnotes (4)
- [F1]Consists of the outstanding balance of a convertible note issued in 2003.
- [F2]Immediately.
- [F3]Includes the number of shares issuable upon conversion of principal and accrued interest as of September 22, 2016.
- [F4]These securities are owned directly by Northwest Hampton Holdings, LLC. and indirectly by James Villa as the sole member of Northwest Hampton Holdings, LLC.