SEC Form 4 · accession 0001354488-15-005594
INFINITE GROUP INC · IMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew T. Hoyen
Officer — EVP - Chief Admin Officer
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884650
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 16, 2015 | P | 45,000 | $0.015 | A | 45,000 | D | |
| Common Stock | Dec 16, 2015 | P | 10,000 | $0.025 | A | 55,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $0.04 | holding | — | — | — | — | Sep 30, 2019 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1The option is exercisable to purchase 200,000 common shares beginning on 10/1/2014, grant date, and to purchase an additional 300,000 common shares based on meeting specific sales performance criteria.