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: 8/2/2022ACC: 0001654954-22-010470

InsiderHOYEN ANDREW T.CIK 1621361

→

IssuerINFINITE GROUP INCCIK 884650

DirectorOfficer· EVP- Chief Operating Officer

Since Nov 2019

0.00

Net shares

Net seller

$16.0K

Total acquired

Open market trades

0B · 0S

Total transactions

400K acquired · 400K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+400K

Price / share

$0.04

Trade value

$16K

% of position

58.2%

7/29/2022

686.73K→1.09M

Total

Net shares

+400K

Net value

$16K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/29/2022	M · Option Exercise	+400K	$0.04	$16K	58.2%	686.73K	1.09M
Total			+400K		$16K

Derivative Transactions1

Option

Direct

X · X

Converts to

Common Stock

400K shares

−400K

Strike price

.04

Held after

400K

Exercisable

—

7/29/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option Direct	Common Stock400K shares	7/29/2022	X · X	−400K	.04	—	400K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

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

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

—

Convertible Note

Direct

Underlying security

Common Stock

Underlying shares

250K

Shares owned

250K

Exercise price

0.10

Expiration

—

Exercise window

—

Total

Underlying

950K

Owned

950K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Option Direct	Common Stock	.05	—	—	250K	250K
Option Direct	Common Stock	.04	—	—	200K	200K
Option Direct	Common Stock	.02	—	—	250K	250K
Convertible Note Direct	Common Stock	0.10	—	—	250K	250K
Total					950K	950K