4//SEC Filing
Hutchins Daniel F 4
Accession 0001422224-21-000008
CIK 0000822746other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 12:53 PM ET
Size
11.2 KB
Accession
0001422224-21-000008
Insider Transaction Report
Form 4
Hutchins Daniel F
DirectorChief Financial Officer
Transactions
- Other
Convertible Promissory Note Payable
2021-03-31→ 190,748 totalExercise: $0.50From: 2021-03-31Exp: 2026-03-31→ common stock (33,248 underlying) - Other
Warrant to purchase Common Stock
2021-03-31+3,324,813→ 3,515,561 totalExercise: $0.50From: 2021-03-31Exp: 2026-03-31→ common stock (3,324,813 underlying) - Award
Common Stock Purchase Option
2021-06-04+100,000→ 157,500 totalExercise: $0.50From: 2022-06-04Exp: 2031-06-04→ common stock (100,000 underlying)
Footnotes (2)
- [F1]On June 4, 2021 the Reporting Person was granted options to purchase 100,000 shares of common stock at $0.50 per share with a termination date of June 4, 2031. Such options to purchase common stock vest on June 4, 2022 contingent upon the Reporting Person's continued service to the Company at such point in time.
- [F2]On March 31, 2021 the Reporting Person agreed to exchange accrued but unpaid compensation and fees totaling $1,662,407 for a 3% convertible promissory note with a principal balance of $16,624 convertible into 33,248 common shares and a maturity date of March 31, 2026. In addition, the Reporting Person was issued detachable warrants to purchase a total of 3,324,813 shares of common stock at an exercise price of $0.50 per share.
Documents
Issuer
INFINITY ENERGY RESOURCES, INC
CIK 0000822746
Entity typeother
Related Parties
1- filerCIK 0001409533
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 12:53 PM ET
- Size
- 11.2 KB