INFINITE GROUP INC·4

Dec 4, 5:14 PM ET

VILLA JAMES 4

4 · INFINITE GROUP INC · Filed Dec 4, 2019

Insider Transaction Report

Form 4
Period: 2019-12-02
VILLA JAMES
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2019-12-02$0.03/sh+50,000$1,600812,000 total
Holdings
  • Convertible Note

    Exercise: $0.05Exp: 2020-01-01Common Stock (4,845,152 underlying)
    4,845,152
  • Option

    Exercise: $0.12Exp: 2024-12-02Common Stock (500,000 underlying)
    500,000
  • Option

    Exercise: $0.04Exp: 2021-09-29Common Stock (500,000 underlying)
    500,000
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 December 2, 2019.
  • [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.

Documents

1 file
  • 4
    section16.xmlPrimary

    PRIMARY DOCUMENT