Filing Details

Accession Number:
0001140361-10-000238
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-04 12:00:00
Reporting Period:
2009-12-30
Filing Date:
2010-01-04
Accepted Time:
2010-01-04 17:28:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
884650 Infinite Group Inc IMCI Services-Computer Programming, Data Processing, Etc. (7370) 521490422
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1324567 S Michael Smith C/O Infinite Group, Inc.
60 Office Park Way
Pittsford NY 14534
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2009-12-30 10,000 $0.20 280,000 No 4 S Indirect By Wife
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Wife
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 10,000 Indirect By Son
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Nonqualified $1.50 2000-12-31 2010-12-31 5,000 5,000 Direct
Common Stock Nonqualified $2.53 2001-12-31 2011-12-31 5,000 5,000 Direct
Common Stock Nonqualified $0.14 2002-12-31 2012-12-31 5,000 5,000 Direct
Common Stock Qualified $0.05 2003-05-05 2013-05-05 500,000 500,000 Direct
Common Stock Qualified $0.25 2005-03-09 2015-03-09 500,000 500,000 Direct
Common Stock Qualified $0.16 2010-02-05 2019-02-04 125,000 125,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2010-12-31 5,000 5,000 Direct
2011-12-31 5,000 5,000 Direct
2012-12-31 5,000 5,000 Direct
2013-05-05 500,000 500,000 Direct
2015-03-09 500,000 500,000 Direct
2019-02-04 125,000 125,000 Direct
Footnotes
  1. Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's wife in January 2009.
  2. The options are exercisable to purchase one-third of the shares beginning on 2/5/10, the 1st anniversary date, and to purchase an additional one-third of the shares on each of the 2nd and 3rd anniversaries of the date of grant (2/5/09).