Intellicheck, Inc. — Director's Dealing 2011

Mar 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Intellicheck Mobilisa, Inc. (IDN)
CIK: 0001040896
Period of Report: 2010-09-22

Reporting Person: Ludlow Bonnie L (Director, Sr. Vice President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-22	Common Stock, $.001 par value	S	17390	$.46	Disposed	7016842	Direct
2011-03-09	Common Stock, $.001 par value	S	40563	$.46	Disposed	6976279	Direct
2011-03-09	Common Stock, $.001 par value	S	80000	$.46	Disposed	6896279	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-22	Private Call (Obligation to Sell)	$0.46	S	17390	Disposed	2011-03-14	Common Stock (17390)	Direct
2011-03-09	Private Call (Obligation to Sell)	$0.46	S	40563	Disposed	2011-03-14	Common Stock (40563)	Direct
2011-03-09	Private Call (Obligation to Sell)	$0.46	S	80000	Disposed	2011-03-14	Common Stock (80000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.001 par value	4191726	Indirect

Footnotes

F1: These transactions are pursuant to a call right that existed prior to the acquisition of Mobilisa, Inc. by Intelli-Check,
Inc.