Statement of Changes in Beneficial Ownership (4)
June 08 2021 - 01:11PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
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APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * RICHIE LEROY
C |
2. Issuer Name and Ticker or Trading
Symbol INFINITY ENERGY RESOURCES, INC [ IFNY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
|
(Last)
(First)
(Middle)
15612 COLLEGE BLVD. |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/31/2021
|
(Street)
LENEXA, KS 66219
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Common Stock Purchase Option (1) |
$0.5 (1) |
6/4/2021 |
|
A (1) |
|
100000 (1) |
|
6/4/2022 (1) |
6/4/2031 (1) |
common stock |
100000 (1) |
$0 |
152500 |
D |
|
Convertible Promissory Note
Payable (2) |
$0.5 (2) |
3/31/2021 |
|
J (2) |
|
$3635 (2) |
|
3/31/2021 (2) |
3/31/2026 (2) |
common stock |
7270 (2) |
$0 |
159770 |
D |
|
Warrant to purchase Common
Stock (2) |
$0.5 (2) |
3/31/2021 (2) |
|
J (2) |
|
727000 (2) |
|
3/31/2021 (2) |
3/31/2026 (2) |
common stock |
727000 (2) |
$0 |
886770 |
D |
|
Explanation of
Responses: |
(1) |
On June 4, 2021 the
Reporting Person was granted options to purchase 100,000 shares of
common stock at an exercise price of $0.50 per share with a
termination date of June 4, 2031. Such common stock purchase
options vest on June 4, 2022 contingent upon the Reporting person's
continued service to the Company at such point in time. |
(2) |
On March 31, 2021 the
reporting Person agreed to exchange accrued but unpaid compensation
totaling $363,500 for a 3% convertible promissory note payable with
a principal balance of $3,635 which is convertible into 7,270
shares of common stock and a maturity date of March 31, 2026. In
addition, the Reporting Person was issued a detachable warrant to
purchase a total of 727,000 shares of common stock at an exercise
price of $0.50 per share |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
RICHIE LEROY C
15612 COLLEGE BLVD.
LENEXA, KS 66219 |
X |
|
|
|
Signatures
|
Leroy C. Richie |
|
6/8/2021 |
**Signature of
Reporting Person |
Date |
Infinity Energy Resources (QB) (USOTC:IFNY)
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