4//SEC Filing
VILLA JAMES 4
Accession 0001654954-21-010237
CIK 0000884650other
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 4:35 PM ET
Size
11.8 KB
Accession
0001654954-21-010237
Insider Transaction Report
Form 4
VILLA JAMES
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-09-16$0.04/sh+500,000$20,000→ 1,312,000 total - Exercise of In-Money
Option
2021-09-16$0.04/sh−500,000$20,000→ 0 totalExercise: $0.04Exp: 2021-09-29→ Common Stock (500,000 underlying)
Holdings
- 500,000
Option
Exercise: $0.12Exp: 2024-12-02→ Common Stock (500,000 underlying) - 250,000
Option
Exercise: $0.12Exp: 2025-11-16→ Common Stock (250,000 underlying) - 4,970,980
Convertible Note
Exercise: $0.05Exp: 2022-01-01→ Common Stock (4,970,980 underlying) - 250,000
Option
Exercise: $0.05Exp: 2024-12-22→ Common Stock (250,000 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 September 16, 2021.
- [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
Issuer
INFINITE GROUP INC
CIK 0000884650
Entity typeother
Related Parties
1- filerCIK 0001356232
Filing Metadata
- Form type
- 4
- Filed
- Sep 19, 8:00 PM ET
- Accepted
- Sep 20, 4:35 PM ET
- Size
- 11.8 KB