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IFNY Infinity Energy Resources Inc (QB)

0.106
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Infinity Energy Resources Inc (QB) USOTC:IFNY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.106 0.00 01:00:00

Statement of Changes in Beneficial Ownership (4)

08/06/2021 6:11pm

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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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
Director10% OwnerOfficerOther
RICHIE LEROY C
15612 COLLEGE BLVD.
LENEXA, KS 66219
X



Signatures
Leroy C. Richie6/8/2021
**Signature of Reporting PersonDate

1 Year Infinity Energy Resources (QB) Chart

1 Year Infinity Energy Resources (QB) Chart

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