VILLA JAMES 4
4 · INFINITE GROUP INC · Filed Sep 20, 2021
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.