4//SEC Filing
RICHIE LEROY C 4
Accession 0001422224-21-000009
CIK 0000822746other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 1:11 PM ET
Size
11.0 KB
Accession
0001422224-21-000009
Insider Transaction Report
Form 4
RICHIE LEROY C
Director
Transactions
- Other
Warrant to purchase Common Stock
2021-03-31+727,000→ 886,770 totalExercise: $0.50From: 2021-03-31Exp: 2026-03-31→ common stock (727,000 underlying) - Award
Common Stock Purchase Option
2021-06-04+100,000→ 152,500 totalExercise: $0.50From: 2022-06-04Exp: 2031-06-04→ common stock (100,000 underlying) - Other
Convertible Promissory Note Payable
2021-03-31→ 159,770 totalExercise: $0.50From: 2021-03-31Exp: 2026-03-31→ common stock (7,270 underlying)
Footnotes (2)
- [F1]On June 4, 2021 the Reporting Person was granted options to purchase 100,000 shares of common stock at an exercise price of $0.50 per share with a termination date of June 4, 2031. Such common stock purchase options 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 totaling $363,500 for a 3% convertible promissory note payable with a principal balance of $3,635 which is convertible into 7,270 shares of common stock and a maturity date of March 31, 2026. In addition, the Reporting Person was issued a detachable warrant to purchase a total of 727,000 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 0001187259
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 1:11 PM ET
- Size
- 11.0 KB