INFINITE GROUP INC 4
4 · INFINITE GROUP INC · Filed Dec 7, 2016
Insider Transaction Report
Form 4
VILLA JAMES
Director10% Owner
Transactions
- Purchase
Common Stock
2016-12-06$0.03/sh+40,000$1,200→ 62,000 total
Holdings
- 4,300,236
Convertible Note
Exercise: $0.05Exp: 2017-01-01→ Common Stock (4,300,236 underlying) - 500,000
Option
Exercise: $0.05Exp: 2024-01-20→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Consists of outstanding balance of convertible note issued in 2003
- [F2]Immediately
- [F3]These securities are owned by Northwest Hampton Holdings, LLC and indirectly owned by James Villa as the sole member of Northwest Hampton Holdings, LLC.