SEC Form 4 · accession 0001354488-16-007612
INFINITE GROUP INC · IMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Reeve
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 4:20 pm EDT
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 | May 19, 2016 | P | 100,000 | $0.015 | A | 720,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $0.05 | holding | — | — | — | — | Nov 30, 2024 | Common Stock | 600,000 | 600,000 | D |
| OptionF2 | $0.05 | holding | — | — | — | — | Sep 4, 2023 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1Immediately.
- F2The options are exercisable to purchase one-fifth of the shares beginning on 9/5/2013 grant date and to purchase an additional one-fifth of the shares on each of the first through fourth anniversaries of the grant date.