VILLA JAMES 4
4 · INFINITE GROUP INC · Filed Nov 27, 2019
Insider Transaction Report
Form 4
VILLA JAMES
Director10% Owner
Transactions
- Purchase
Common Stock
2019-11-25$0.04/sh+50,000$1,750→ 762,000 total
Holdings
- 500,000
Option
Exercise: $0.12Exp: 2024-01-20→ Common Stock (500,000 underlying) - 4,841,365
Convertible Note
Exercise: $0.05Exp: 2020-01-01→ Common Stock (4,841,365 underlying) - 500,000
Option
Exercise: $0.04Exp: 2021-09-29→ Common Stock (500,000 underlying)
Footnotes (4)
- [F1]Consists of outstanding balance of convertible note issued in 2003.
- [F2]Immediately.
- [F3]Includes the number of shares issuable upon conversion of principal and accrued interest as of November 29, 2017.
- [F4]These securities are owned by Northwest Hampton Holdings, LLC and indirectly owned by James Villa as the sole member of Northwest Hampton Holdings, LLC.