James Villa - Mar 17, 2023 Form 4 Insider Report for INFINITE GROUP INC (IMCI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ James Villa
Stock symbol
IMCI
Transactions as of
Mar 17, 2023
Transactions value $
$125,003
Form type
4
Date filed
3/31/2023, 05:03 PM
Previous filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMCI Common Stock Purchase $125K +16.7K +95.27% $7.50 34.2K Mar 17, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IMCI Option 3.33K Mar 17, 2023 Common Stock 3.33K $9.00 Direct F1
holding IMCI Option 3.33K Mar 17, 2023 Common Stock 3.33K $3.75 Direct F1
holding IMCI Convertible Note 69.8K Mar 17, 2023 Common Stock 69.8K $3.75 Direct F1, F2, F3, F4
holding IMCI Option 6.67K Mar 17, 2023 Common Stock 6.67K $8.63 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 March 17, 2023.
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.