Sec Form 5 Filing - ROBBINS ALLAN M @ INFINITE GROUP INC - 2007-12-31

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 5
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
ROBBINS ALLAN M
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)
(Last) (First) (Middle)
C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2007
(Street)
PITTSFORD, NY14534
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
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 A 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 A 25,000 08/24/2007( 3 ) 08/23/2017 Common Stock 25,000 ( 4 ) 25,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ROBBINS ALLAN M
C/O INFINITE GROUP, INC.
60 OFFICE PARK WAY
PITTSFORD, NY14534
X X
Signatures
Allan M. Robbins 01/04/2008
Signature of Reporting Person Date
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.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.