Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Barry James J
   2. Issuer Name and Ticker or Trading Symbol
InspireMD, Inc. [NSPR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP and COO
(Last)
(First)
(Middle)
C/O INSPIREMD, INC., 321 COLUMBUS AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
01/26/2016
(Street)

BOSTON, MA 02116		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 01/26/2016   A   1 A $ 0 (1) 26,091 D  
Common Stock 01/26/2016   F   3,448 (2) D $ 0.56 22,643 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)		 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
Options (right to buy) $ 78 (3) 01/26/2016   D     2,500 (3)   (4) 01/30/2022 Common Stock 2,500 (3) $ 0 (1) 0 D  
Options (right to buy) $ 31.6 (5) 01/26/2016   D     1,250 (5)   (6) 06/18/2022 Common Stock 1,250 (5) $ 0 (1) 0 D  
Options (right to buy) $ 31 (7) 01/26/2016   D     5,000 (7)   (8) 01/29/2024 Common Stock 5,000 (7) $ 0 (1) 0 D  
Options (right to buy) $ 27.5 (9) 01/26/2016   D     10,000 (9)   (10) 05/09/2023 Common Stock 10,000 (9) $ 0 (1) 0 D  
Options (right to buy) $ 26.1 (11) 01/26/2016   D     45,001 (11)   (12) 07/14/2024 Common Stock 45,001 (11) $ 0 (1) 0 D  
Options (right to buy) $ 7.2 (13) 01/26/2016   D     3,926 (13)   (14) 01/26/2025 Common Stock 3,926 (13) $ 0 (1) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Barry James J
C/O INSPIREMD, INC.
321 COLUMBUS AVENUE
BOSTON, MA 02116		   X     Executive VP and COO  

Signatures

 /s/ James J. Barry   01/28/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On January 26, 2016, the Issuer and the Reporting Person entered into that certain Option Cancellation and Release Agreement, pursuant to which the parties agreed to the cancellation of certain stock options previously granted to the Reporting Person in exchange for one (1) share of common stock as consideration.
(2) Represents shares of restricted stock withheld to pay the Reporting Person's tax withholding obligations incurred in connection with the vesting of 9,230 shares of restricted stock on January 26, 2016.
(3) This option was previously reported as covering 100,000 shares at an exercise price of $1.95 per share, but was adjusted to reflect the 1-for-4 reverse stock split that occurred on December 21, 2012 and the 1-for-10 reverse stock split that occurred on October 1, 2015.
(4) This option became exercisable in three equal annual installments. The first installment became exercisable on January 30, 2013, the second installment became exercisable on January 30, 2014 and the third installment became exercisable on January 30, 2015.
(5) This option was previously reported as covering 50,000 shares at an exercise price of $0.79 per share, but was adjusted to reflect the 1-for-4 reverse stock split that occurred on December 21, 2012 and the 1-for-10 reverse stock split that occurred on October 1, 2015.
(6) This option became exercisable in three equal annual installments. The first installment became exercisable on June 18, 2013, the second installment became exercisable on June 18, 2014 and the third installment became exercisable on June 18, 2015.
(7) This option was previously reported as covering 50,000 shares at an exercise price of $3.1 per share, but was adjusted to reflect the 1-for-10 reverse stock split that occurred on October 1, 2015.
(8) This option is exercisable in three equal annual installments. The first installment became exercisable on January 29, 2015, the second installment would have become exercisable on January 29, 2016 and the third installment would have become exercisable on January 29, 2017, provided that the Reporting Person is providing services to the Issuer or its subsidiaries or affiliates on January 29, 2016, and January 29, 2017, as applicable.
(9) This option was previously reported as covering 100,000 shares at an exercise price of $2.75 per share, but was adjusted to reflect the 1-for-10 reverse stock split that occurred on October 1, 2015.
(10) This option is exercisable in three equal annual installments. The first installment became exercisable on May 9, 2014, the second installment became exercisable on May 9, 2015 and the third installment would have become exercisable on May 9, 2016, provided that the Reporting Person is providing services to the Issuer or its subsidiaries or affiliates on May 9, 2016.
(11) This option was previously reported as covering 450,000 shares at an exercise price of $2.61 per share, but was adjusted to reflect the 1-for-10 reverse stock split that occurred on October 1, 2015.
(12) This option would have vested in three equal annual installments, with 1/3 becoming exercisable on each of July 14, 2015, July 14, 2016 and July 14, 2017, subject to the Reporting Person's continued service with the Issuer on July 14, 2016 and July 14, 2017, as applicable.
(13) This option was previously reported as covering 39,257 shares at an exercise price of $0.72 per share, but was adjusted to reflect the 1-for-10 reverse stock split that occurred on October 1, 2015.
(14) This option would have vested 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 the Reporting Person's continued service.

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