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Insider transaction detail - View details for insider Transactions sorted by : Insider Insider family name : odidi ( Starts with ) Given name : isa ( Starts with ) Equity securities : American Depository Receipts, Common Shares, Convertible Preferred Shares, Exchangeable Shares, General Partnership Units, Instalment Receipts, Limited Partnership Units, Multiple Voting Shares, Non-Voting Shares, Participation Units, Preferred Shares, Special Shares, Subordinate Voting Shares, Trust Units, Units, Other Issuer derivatives : Options, Rights, Special Warrants, Subscription Rights, Warrants, Other 2012-05-14 16:26 ET Legend: Warning: The closing balance of the " equivalent number or value of underlying securities" reflects the" total number or value of underlying securities" to which the derivative contracts held by the insider relate. This disclosure does not mean and should not be taken to indicate that the underlying securities have, in fact, been acquired or disposed of by the insider. Insider name: Odidi, Isa O - Original transaction, A - First amendment to transaction, A' - Second amendment to transaction, AP - Amendment to paper filing, etc. Insider's Relationship to Issuer: 1 - Issuer, 2 - Subsidiary of Issuer, 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 7 - Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 8 - Deemed Insider - 6 Months before becoming Insider. Transaction ID Date of transaction YYYY-MM-DD Date of filing YYYY-MM-DD Ownership type (and registered holder, if applicable) Nature of transaction Number or value acquired or disposed of Unit price or exercise price Closing balance Insider's calculated balance Conversion or exercise price Date of expiry or maturity YYYY-MM-DD Underlying security designation Equivalent number or value of underlying securities acquired or disposed of Closing balance of equivalent number or value of underlying securities Issuer name: INTELLIPHARMACEUTICS INTERNATIONAL INC. Insider's Relationship to Issuer: 4 - Director of Issuer, 5 - Senior Officer of Issuer Ceased to be Insider: Not applicable -1-

Insider transaction detail for Isa Odidi (IPCI)

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Insider transaction detail for Isa Odidi, CEO of Intellipharmaceutics (IPCI)

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Page 1: Insider transaction detail for Isa Odidi (IPCI)

Insider transaction detail - View details for insider

Transactions sorted by : InsiderInsider family name : odidi ( Starts with )Given name : isa ( Starts with )Equity securities : American Depository Receipts, Common Shares, Convertible Preferred Shares, Exchangeable Shares, General Partnership Units, Instalment Receipts, Limited Partnership Units, MultipleVoting Shares, Non-Voting Shares, Participation Units, Preferred Shares, Special Shares, Subordinate Voting Shares, Trust Units, Units, OtherIssuer derivatives : Options, Rights, Special Warrants, Subscription Rights, Warrants, Other

2012-05-14 16:26 ET

Legend:

Warning: The closing balance of the " equivalent number or value of underlying securities" reflects the" total number or value of underlying securities" to which the derivative contracts held by the insider relate. This disclosuredoes not mean and should not be taken to indicate that the underlying securities have, in fact, been acquired or disposed of by the insider.

Insider name: Odidi, Isa

O - Original transaction, A - First amendment to transaction, A' - Second amendment to transaction, AP - Amendment to paper filing, etc.

Insider's Relationship to Issuer: 1 - Issuer, 2 - Subsidiary of Issuer, 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 7 - Directoror Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 8 - Deemed Insider - 6 Months before becoming Insider.

Transaction ID Date oftransactionYYYY-MM-DD

Date of filingYYYY-MM-DD

Ownership type(and registeredholder, ifapplicable)

Nature oftransaction

Number orvalue acquiredor disposed of

Unit price orexerciseprice

Closingbalance

Insider'scalculatedbalance

Conversionor exerciseprice

Date ofexpiry ormaturityYYYY-MM-DD

Underlying securitydesignation

Equivalentnumber orvalue ofunderlyingsecuritiesacquired ordisposed of

Closingbalance ofequivalentnumber orvalue ofunderlyingsecurities

Issuer name: INTELLIPHARMACEUTICS INTERNATIONAL INC.

Insider's Relationship to Issuer: 4 - Director of Issuer, 5 - Senior Officer of Issuer

Ceased to be Insider: Not applicable

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Page 2: Insider transaction detail for Isa Odidi (IPCI)

Transaction ID Date oftransactionYYYY-MM-DD

Date of filingYYYY-MM-DD

Ownership type(and registeredholder, ifapplicable)

Nature oftransaction

Number orvalue acquiredor disposed of

Unit price orexerciseprice

Closingbalance

Insider'scalculatedbalance

Conversionor exerciseprice

Date ofexpiry ormaturityYYYY-MM-DD

Underlying securitydesignation

Equivalentnumber orvalue ofunderlyingsecuritiesacquired ordisposed of

Closingbalance ofequivalentnumber orvalue ofunderlyingsecurities

Security designation: Common Shares

2084951 2009-10-22 2012-05-14 Direct Ownership : 00 - OpeningBalance-Initial SEDIReport

2084956 2012-05-10 2012-05-14 Direct Ownership : 1,000 1,000+1,000 10 - Acquisition ordisposition in the publicmarket

Security designation: Options (Common Shares)

1506303 2009-10-22 2009-10-28 Direct Ownership : 2,763,940 2,763,94000 - OpeningBalance-Initial SEDIReport

Common Shares

2032977 2012-02-17 2012-02-22 Direct Ownership : 3.2700 3,063,940 2022-02-16+300,000 +300,000 3,063,94050 - Grant of options Common Shares

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