4//SEC Filing
INFINITE GROUP INC 4
Accession 0001354488-16-008322
$IMCICIK 0000884650operating
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 2:50 PM ET
Size
8.3 KB
Accession
0001354488-16-008322
Insider Transaction Report
Form 4
Hoyen Andrew T.
EVP - Chief Admin Officer
Transactions
- Purchase
Common Stock
2016-09-26$0.03/sh+20,454$675→ 146,734 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) - 250,000
Convertible Note
Exercise: $0.10Exp: 2018-03-31→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]The option is exercisable to purchase 200,000 common shares on October 1, 2014, grant date, and to purchase an additional 300,000 common shares based on meeting specific sales performance criteria through September 30, 2016.
- [F2]Immediately.
- [F3]Includes the number of common sharess issuable upon conversion of all principal.
Documents
Issuer
INFINITE GROUP INC
CIK 0000884650
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000884650
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 2:50 PM ET
- Size
- 8.3 KB