Sec Form 13D Filing - Binsalamah Ziyad filing for INTERPACE BIOSCIENCES INC. (IDXG) - 2020-08-20

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

INTERPACE BIOSICENCES, INC.
(Name of Issuer)

Common stock
(Title of Class of Securities)

46062X303
(CUSIP Number)

Ziyad Binsalamah
2806-1850 Old Main Street
Houston, Texas, 77030, USA
(Name, Address of Person Authorized to Receive Notices and Communications)
8/18/2020
(Date of Event which Requires Filing of this Statement)

CUSIP No.	46062X303

1	NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Ziyad Binsalamah
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	(a)  [   ]
(b)  [   ]
3	SEC USE ONLY


4	SOURCE OF FUNDS (See Instructions)
	PF
5	DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
	                                                                       [   ]

6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Saudi Arabia
NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH	7	SOLE VOTING POWER
		0
	8	SHARED VOTING POWER
		0
	9	SOLE DISPOSITIVE POWER
		0
	10	SHARED DISPOSITIVE POWER
		0
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	0
12	THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
	     	[   ]

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	0%
14	TYPE OF REPORTING PERSON (See Instructions)
	IN


Item 1.	Security and Issuer
(a) Name of Issuer Interpace Biosciences, Inc.
(b) Address of Issuer's Principal Executive Offices
Morris Corporate Center 1, Building C
300 Interpace Parkway, Parsippany, NJ 07054
Item 2. Identity and Background
(a) This statement on Schedule 13D/A is filed by Ziyad Binsalamah;
an individual legal resident of the state of Texas
(b) Address 2806-1850 Old Main Street, Houston, TX, 77030
(c) The Reporting Person is an individual investor
(d) The reporting person has not, during the last five years,
been convicted in a criminal proceeding
(e) The reporting person has not, during the last five years,
been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and
as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws
(f) The reporting person is a citizen of Saudi Arabia

Item 3. Source or Amount of Funds or Other Consideration
  A total amount of approximately $1,500,000.00
was paid to acquire the Shares reported
as beneficially owned by the Reporting Person before selling them.
The funds used to purchase these securities personal funds.
All Shares were purchased and sold in the open market


Item 4. Purpose of Transaction
The Reporting Person sold all his Shares after the company reported a delay
in filing form 10-Q due to some billing and compliance issues.


Item 5. Interest in Securities of the Issuer
(a)	The aggregate percentage of shares reported
sold by the Reporting Person was based
on 4,036,595 Shares outstanding, which was the total
number of Shares outstanding as reported in the 10-Q
report on June 25, 2020
As of August 18, 2020, Ziyad Binsalamah beneficially owns 0 shares or
0% of the outstanding Shares.
All Shares were sold by the Reporting Person.
The Reporting Person does not own any Senior notes.
(b)	The Reporting Person had sole power to
vote and dispose of the 307350 shares held by him individually.
(c)	The following Shares were purchased in the open market
during the prior 60 days (based on settlement date):

Purchaser	   DATE	       Number of Shares	     AVERAGE PRICE
Ziyad Binsalamah 08/07/2020     2350                     $6.45
Ziyad Binsalamah 07/27/2020     2200                     $6.23
Ziyad Binsalamah 07/24/2020     2800                     $6.23
Ziyad Binsalamah 07/23/2020     29000                    $6.15
Ziyad Binsalamah 07/22/2020     30488                    $6.2
Ziyad Binsalamah 07/21/2020     88811                    $6.1
Ziyad Binsalamah 07/20/2020     52243                    $5.5
Ziyad Binsalamah 07/17/2020     99458                    $5.35





The following Shares were sold in the open market during
the prior 60 days (based on settlement date):

Seller             DATE         Number of shares     AVERAGE PRICE
Ziyad Binsalamah 08/18/2020      307350                 $3.6



(d)	No person other than the Reporting Person is known to have
the right to receive, or the power to direct the receipt of dividends from,
or proceeds from the sale of, the Shares
(e)	 Not applicable
Item 6. Contracts, Arrangements, Understandings or relationships
with Respect to Securities of the Issue
There are no contracts, arrangements, understandings, or relationships
between the Reporting Person and any other person
with respect to any securities of the Issuer.
Item 7. Material to Be Filed as Exhibits.
None
Item 8. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired
and were not held/sold for the purpose of or
with the effect of changing or influencing the control of
the issuer of the securities
and were not acquired and were not held/sold in connection
with or as a participant
in any transaction having that purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement
is true, complete and correct.
8/20/2020
Dated
/s/
Signature
Ziyad Binsalamah, MD
Name/Title