REEVE DONALD (Chairman) exercised options at INFINITE GROUP INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/20/2021ACC: 0001654954-21-010238
DirectorOfficer· Chairman
Since Nov 2019
0.00
Net shares
Net seller
$32.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
800K acquired · 800K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+800K
Price / share
$0.04
Trade value
$32K
% of position
96.2%
9/16/2021
831.46K→1.63M
Total
Net shares
+800K
Net value
$32K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/16/2021 | M · Option Exercise | +800K | $0.04 | $32K | 96.2% | 831.46K | 1.63M |
| Total | +800K | $32K | ||||||
Derivative Transactions1
Option
Direct
Converts to
Common Stock
800K shares
Shares
−800K
Strike price
.04
Held after
800K
Exercisable
—
9/16/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option Direct | Common Stock800K shares | 9/16/2021 | X · X | −800K | .04 | — | 800K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)3
Option
DirectUnderlying security
Common Stock
Underlying shares
600K
Shares owned
600K
Exercise price
.05
Expiration
—
Exercise window
—
Option
DirectUnderlying security
Common Stock
Underlying shares
500K
Shares owned
500K
Exercise price
.15
Expiration
—
Exercise window
—
Option
DirectUnderlying security
Common Stock
Underlying shares
250K
Shares owned
250K
Exercise price
.05
Expiration
—
Exercise window
—
Total
Underlying
1.35M
Owned
1.35M
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Option Direct | Common Stock | .05 | — | — | 600K | 600K |
| Option Direct | Common Stock | .15 | — | — | 500K | 500K |
| Option Direct | Common Stock | .05 | — | — | 250K | 250K |
| Total | 1.35M | 1.35M | ||||