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FORM 4 OMB APPROVAL
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[ ] Check this box if no longer OMB Number 3235-0287
subject to Section 16. Form 4 Expires: December 31, 2001
or Form 5 obligations may Estimated average burden
continue. See Instruction 1(b). hours per response............. 0.5
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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(f) of the
Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Kealy John F.
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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
May 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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<S> <C> <C> <C> <C> <C> <C>
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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Common Stock 5/26/00 M 60,000 A $5.00 D
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Common Stock 5/26/00 M 30,000 A $6.00 D
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Common Stock 5/26/00 M 5,000 A $5.31 456,211 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 Option $5.00 5/26/00 M 60,000 D
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Stock Option $6.00 5/26/00 M 30,000 D
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Stock Option $5.31 5/26/00 M 5,000 D
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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- Title Amount or Owned at Direct (D) ship
Exer- tion Number of End of Month or Indirect (Instr.4)
cisable Date Shares (Instr. 4) (I)(Instr.4)
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4/2/98 4/2/03 Common Stock 60,000 D
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5/20/99 5/20/04 Common Stock 30,000 D
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10/1/99 10/1/04 Common Stock 5,000 30,000 D
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</TABLE>
Explanation of Responses:
/s/ John F. Kealy July 12, 2000
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John F. Kealy Date
**Signature of Reporting Person