VILLA JAMES 4
4 · INFINITE GROUP INC · Filed Nov 23, 2020
Insider Transaction Report
Form 4
VILLA JAMES
Director10% Owner
Transactions
- Award
Option
2020-11-17$0.12/sh+250,000$30,000→ 250,000 totalExercise: $0.12From: 2020-11-17Exp: 2025-11-16→ Common Stock (250,000 underlying)
Holdings
- 250,000
Option
Exercise: $0.05Exp: 2024-12-22→ Common Stock (250,000 underlying) - 500,000
Option
Exercise: $0.12Exp: 2024-12-02→ Common Stock (500,000 underlying) - 812,000
Common Stock
- 500,000
Option
Exercise: $0.04Exp: 2021-09-29→ Common Stock (500,000 underlying) - 4,825,299
Convertible Note
Exercise: $0.05Exp: 2022-01-01→ Common Stock (4,825,299 underlying)
Footnotes (4)
- [F1]Immediately.
- [F2]Consists of outstanding balance of convertible note issued in 2003.
- [F3]Includes the number of shares issuable upon conversion of principal and accrued interest as of November 17, 2020.
- [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.