INFINITE GROUP INC·4

Dec 27, 3:26 PM ET

VILLA JAMES 4

4 · INFINITE GROUP INC · Filed Dec 27, 2019

Insider Transaction Report

Form 4
Period: 2019-12-23
VILLA JAMES
Director10% Owner
Transactions
  • Award

    Option

    2019-12-23$0.04/sh+250,000$10,000250,000 total
    Exercise: $0.05From: 2019-12-23Exp: 2024-12-22Common Stock (250,000 underlying)
Holdings
  • Option

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

    812,000
  • Convertible Note

    Exercise: $0.05Exp: 2020-01-01Common Stock (4,856,516 underlying)
    4,856,516
  • 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 23, 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