InspireMD, Inc. — Director's Dealing 2016

May 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InspireMD, Inc. (NSPR)
CIK: 0001433607
Period of Report: 2016-05-03

Reporting Person: BLECH ISAAC (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-03	Options to purchase Common Stock	$0.5	A	780000	Acquired	2026-05-03	Common Stock (780000)	Direct

Footnotes

F1: 195,000 options are fully vested as of the date of the grant and the remaining 585,000 options shall vest and become exercisable in three separate installments of 195,000 shares, with a single installment vesting upon the occurrence of any of the events below:
(i) The date the issuer raises $15,000,000 or more in an offering of the issuer's shares of common stock or other equity interests.
(ii) The date the issuer's market capitalization equals or exceeds $25,000,000.
(iii) The date the issuer receives research coverage from 3 analysts at investment banks that ranked in the top 20 investment banks in terms of underwritings as of their most recently completed fiscal year and that did not cover the issuer prior to January 22, 2016.
(iv) The date the issuer's market capitalization equals or exceeds 3 times the issuer's market capitalization as of January 22, 2016.