VILLA JAMES (Chief Executive 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
Filed: 9/20/2021ACC: 0001654954-21-010237
DirectorOfficer10% Owner· Chief Executive Officer
Since Nov 2019
0.00
Net shares
Net seller
$20.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
500K acquired · 500K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+500K
Price / share
$0.04
Trade value
$20K
% of position
61.6%
9/16/2021
812K→1.31M
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 | 61.6% | 812K | 1.31M |
| Total | +500K | $20K | ||||||
Derivative Transactions1
Option
Direct
Converts to
Common Stock
500K shares
Shares
−500K
Strike price
.04
Held after
0.00
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 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)4
Option
DirectUnderlying security
Common Stock
Underlying shares
250K
Shares owned
250K
Exercise price
.12
Expiration
—
Exercise window
—
Convertible Note
DirectUnderlying security
Common Stock
Underlying shares
4.97M
Shares owned
4.97M
Exercise price
.05
Expiration
—
Exercise window
—
Option
DirectUnderlying security
Common Stock
Underlying shares
250K
Shares owned
250K
Exercise price
.05
Expiration
—
Exercise window
—
Option
DirectUnderlying security
Common Stock
Underlying shares
500K
Shares owned
500K
Exercise price
.115
Expiration
—
Exercise window
—
Total
Underlying
5.97M
Owned
5.97M
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Option Direct | Common Stock | .12 | — | — | 250K | 250K |
| Convertible Note Direct | Common Stock | .05 | — | — | 4.97M | 4.97M |
| Option Direct | Common Stock | .05 | — | — | 250K | 250K |
| Option Direct | Common Stock | .115 | — | — | 500K | 500K |
| Total | 5.97M | 5.97M | ||||