HOYEN ANDREW T. (EVP- Chief Operating Officer) exercised options at INFINITE GROUP INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

HOYEN ANDREW T.

Filed: 9/20/2021ACC: 0001654954-21-010236

InsiderHOYEN ANDREW T.CIK 1621361

→

IssuerINFINITE GROUP INCCIK 884650

DirectorOfficer· EVP- Chief Operating Officer

Since Nov 2019

0.00

Net shares

Net seller

$20.0K

Total acquired

Open market trades

0B · 0S

Total transactions

500K acquired · 500K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+500K

Price / share

$0.04

Trade value

$20K

% of position

New position

9/16/2021

0.00→500K

Total

Net shares

+500K

Net value

$20K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	9/16/2021	M · Option Exercise	+500K	$0.04	$20K	New position	0.00	500K
Total			+500K		$20K

Derivative Transactions1

Option

Direct

X · X

Converts to

Common Stock

500K shares

−500K

Strike price

.04

Held after

500K

Exercisable

—

9/16/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option Direct	Common Stock500K shares	9/16/2021	X · X	−500K	.04	—	500K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Convertible Note

Direct

Underlying security

Common Stock

Underlying shares

250K

Shares owned

250K

Exercise price

0.10

Expiration

—

Exercise window

—

Option

Direct

Underlying security

Common Stack

Underlying shares

200K

Shares owned

200K

Exercise price

.04

Expiration

—

Exercise window

—

Option

Direct

Underlying security

Common Stock

Underlying shares

250K

Shares owned

250K

Exercise price

.02

Expiration

—

Exercise window

—

Option

Direct

Underlying security

Common Stock

Underlying shares

100K

Shares owned

100K

Exercise price

.04

Expiration

—

Exercise window

—

Option

Direct

Underlying security

Common Stock

Underlying shares

250K

Shares owned

250K

Exercise price

.05

Expiration

—

Exercise window

—

Option

Direct

Underlying security

Common Stock

Underlying shares

400K

Shares owned

400K

Exercise price

.04

Expiration

—

Exercise window

—

Total

Underlying

1.45M

Owned

1.45M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Convertible Note Direct	Common Stock	0.10	—	—	250K	250K
Option Direct	Common Stack	.04	—	—	200K	200K
Option Direct	Common Stock	.02	—	—	250K	250K
Option Direct	Common Stock	.04	—	—	100K	100K
Option Direct	Common Stock	.05	—	—	250K	250K
Option Direct	Common Stock	.04	—	—	400K	400K
Total					1.45M	1.45M