InspireMD, Inc. — Director's Dealing 2015

Feb 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InspireMD, Inc. (NSPR)
CIK: 0001433607
Period of Report: 2015-01-03

Reporting Person: MILINAZZO ALAN (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-03	Common Stock	F	48084	$0.80	Disposed	800648	Direct
2015-01-26	Common Stock	A	52999	—	Acquired	853647	Direct
2015-01-26	Common Stock	A	152084	—	Acquired	1005731	Direct
2015-01-26	Common Stock	A	312500	—	Acquired	1318231	Direct
2015-01-29	Common Stock	F	9352	$0.83	Disposed	1308879	Direct
2015-01-31	Common Stock	F	10443	$0.80	Disposed	1298436	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-26	Stock Options (right to buy)	$0.72	A	52999	Acquired	2025-01-26	Common Stock (52999)	Direct
2015-01-26	Stock Options (right to buy)	$0.72	A	254737	Acquired	2025-01-26	Common Stock (254737)	Direct

Footnotes

F1: Represents a restricted stock award that is subject to forfeiture until vested. This award vests in three equal annual installments, with 1/3 vesting on each of January 26, 2016, January 26, 2017 and January 26, 2018, subject to Mr. Milinazzo's continued service.

F2: Represents a restricted stock award granted in lieu of cash payment equal to 50% of Mr. Milinazzo's base salary based on the value of the Issuer's common stock on the date of grant. 100% of this award vests on January 26, 2016, subject to Mr. Milinazzo's continued service.

F3: The option vests in three equal annual installments, with 1/3 becoming exercisable on each of January 26, 2016, January 26, 2017 and January 26, 2018, subject to Mr. Milinazzo's continued service.