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FORM 4 OMB APPROVAL
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OMB Number: 3235-0287
[ ] Check this box if no longer Expires: December 31, 2001
subject of Section 16. Form 4 Estimated average burden
or Form 5 obligations may hours per response ....... 0.5
continue. See Instruction 1(b). ------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Brown V. Thompson
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(Last) (First) (Middle)
3410 East University, Suite 180
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(Street)
Phoenix Arizona 85034
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(City (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
NASDAQ - "IFCI" PHLX - "IFC"
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3. IRS Or Social Security
Number of Reporting
Person (Voluntary)
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4. Statement for Month/Year
July 2000
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5. If Amendment,
Date of Original
(Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<PAGE>
Form 4 (continued)
<TABLE>
<CAPTION>
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TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
(Month/ (Instr. 8) Owned at Direct Owner-
Day/ ---------- ------------------------ End of Month (D) or ship
Year) (A) or (Instr. 3 and 4) Indirect(I) (Instr. 4)
Code V Amount (D) Price (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 7-7-00 P 1,976 A $6.64
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Common Stock 6-6-00 M 53,698 A $6.00
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Common Stock 6-6-00 M 32,534 A $6.375
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Common Stock 6-6-00 M 21,780 A $5.00
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Common Stock 6-6-00 M 18,150 A $5.00
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Common Stock 6-6-00 F 26,302 D $18.25
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Common Stock 6-6-00 F 17,466 D $18.25
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Common Stock 6-6-00 F 8,220 D $18.25
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Common Stock 6-6-00 F 6,850 D $18.25 128,138 D
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Table II--DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Derivative
Security (Instr. 3) sion or action tion Securities Acquired
Exercise Date Code (A) or Disposed
Price of (Month/ (Instr. 8) of (D)(Instr. 3,4, and 5)
Derivative Day/ ----------- ----------------------------
Security Year) Code V (A) (D)
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Stock Options $14.31 5-31-00 A 10,000
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Stock Options $6.00 6-6-00 M 80,000
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Stock Options $6.375 6-6-00 M 50,000
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Stock Options $5.00 6-6-00 M 30,000
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Stock Options $5.00 6-6-00 M 25,000
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6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10.Owner- 11. Nature
cisable and Underlying Securities of of Deriv- ship of
Expiration (Instr. 3 and 4) Deriv- ative Form of Indirect
Date (Month/ ative Securities Deriv- Benefi-
Day/Year) Security Bene- ative cial
---------------- ----------------------- (Instr.5) ficially Security: Owner-
Date Expira- Amount or Owned at Direct (D) ship
Exer- tion Title Number of End of Month or Indirect (Instr.4)
cisable Date Shares (Instr. 4) (I)(Instr.4)
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5-31-00 5-30-00 Common Stock 10,000
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5-20-99 5-19-04 Common Stock 80,000
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1-6-99 1-5-04 Common Stock 50,000
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4-2-98 4-1-03 Common Stock 30,000
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4-2-98 4-1-03 Common Stock 25,000 10,000 D
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</TABLE>
Explanation of Responses:
/s/ V. Thompson Brown 8/7/00
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**Signature of Reporting Person Date
** 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.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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