SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Form 3 Holdings Reported.
X
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
ROBBINS ALLAN M

(Last) (First) (Middle)
C/O INFINITE GROUP, INC.
60 OFFICE PARK WAY

(Street)
PITTSFORD NY 14534

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INFINITE GROUP INC [ IMCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock 1,000,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option $0.1 04/30/2003 04/30/2013 Common Stock 7,500 7,500 D
Non-qualified Stock Option $0.1 03/09/2005 03/09/2015 Common Stock 50,000 50,000 D
Convertible Notes(1) $0.05 04/30/2006 01/01/2016 Common Stock 7,140,143(2) 7,140,143 D
Non-qualified Stock Option $0.33 02/28/2006 4A 5,000 02/28/2006(3) 01/31/2016 Common Stock 5,000 (4) 5,000 D
Non-qualified Stock Option $0.51 08/24/2007 4A 25,000 08/24/2007(3) 08/23/2017 Common Stock 25,000 (4) 25,000 D
Explanation of Responses:
1. Consists of convertible notes issued at various times in 2003 and 2004.
2. Includes the number of shares issuable upon conversion of principal and accrued interest as of January 4, 2008.
3. The options are exercisable to purchase one-third of the underlying shares immediately on the date of grant (the transaction date) and to purchase an additional one-third of the underlying shares on each of the 1st and 2nd anniversary date of the date of grant.
4. Not applicable.
Allan M. Robbins 01/04/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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