Sec Form 4 Filing - BOYDSTON ANGELA STRAND @ Integrity Applications, Inc. - 2017-03-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BOYDSTON ANGELA STRAND
2. Issuer Name and Ticker or Trading Symbol
Integrity Applications, Inc. [ IGAP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
19 HA'YAHALOMIM ST, P.O. BOX 12163
3. Date of Earliest Transaction (MM/DD/YY)
03/20/2017
(Street)
ASHDOD, L37760049
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 03/20/2017 A( 1 ) 13,334 A $ 0 ( 1 ) 13,334 I By Strand Strategy ( 2 )
Common Stock, par value $0.001 per share 03/20/2017 A 4,445 ( 3 ) A $ 0 4,445 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BOYDSTON ANGELA STRAND
19 HA'YAHALOMIM ST
P.O. BOX 12163
ASHDOD, L37760049
X
Signatures
/s/ Angela Strand 03/22/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Transferred to Strand Strategy by the Issuer pursuant to a Consulting Agreement, effective December 1, 2017, by and between the Issuer and Strand Strategy (the "Agreement"). Pursuant to the Agreement and the transactions contemplated thereby, and in consideration of Strand Strategy's performance of certain services under the Agreement, on March 20, 2017, the Board of Directors of the Issuer authorized the issuance of 13,334 shares of common stock, par value $0.001 per share, of the Issuer, to Strand Strategy. The Agreement indicates that such issuance is based on a $4.50 per share valuation.
( 2 )The securities are held by Strand Strategy, of which the Reporting Person is the managing director. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
( 3 )Granted as restricted common stock, which will vest in equal monthly installments over a one year period commencing on March 20, 2017.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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