SEC Form 4 · accession 0001354488-17-000529
INFINITE GROUP INC · IMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Villa
Officer — Chief Executive Officer · Director
Period of report
May 18, 2017
Accepted (ET)
May 19, 2017 · 1:47 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 18, 2017 | P | 600,000 | $0.03 | A | 662,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NoteF1,F3,F2 | $0.05 | holding | — | — | — | — | Jan 1, 2020 | Common Stock | 4,378,596 | 4,378,596 | D |
| OptionF2 | $0.05 | holding | — | — | — | — | Jan 20, 2024 | Common Stock | 500,000 | 500,000 | D |
| OptionF2 | $0.04 | holding | — | — | — | — | Sep 29, 2021 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1Consists of outstanding balance of convertible note issued 2003
- F2Immediately
- F3These securities are owned by Northwest Hampton Holdings, LLC and indirectly owned by James Villa as the sole member of Northwest Hampton Holdings, LLC.