Independence Bancshares Inc. (IEBS)

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Insider Trading: Purchases

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Miller Officer	$0.80	6,250	$5,000.00	93,750	2013-08-01	Filing
Carpenter Officer	$0.80	1,250	$1,000.00	5,375	2013-08-01	Filing
Rex Director	$0.80	12,500	$10,000.00	34,250	2012-12-31	Filing
Austell Director	$0.80	62,500	$50,000.00	62,500	2012-12-31	Filing
Long Officer	$0.80	1,250	$1,000.00	1,250	2012-12-31	Filing
Long Officer	$0.80	1,250	$1,000.00	1,250	2012-12-31	Filing
Long Officer	$0.80	1,250	$1,000.00	1,250	2012-12-31	Filing
Long Officer	$0.80	1,250	$1,000.00	1,250	2012-12-31	Filing
Long Officer	$0.80	62,500	$50,000.00	62,500	2012-12-31	Filing
Mclean Director	$0.80	22,500	$18,000.00	22,500	2012-12-31	Filing
Mclean Director	$0.80	22,500	$18,000.00	22,500	2012-12-31	Filing
Mclean Director	$0.80	205,000	$164,000.00	215,000	2012-12-31	Filing
Wong Director	$0.80	125,000	$100,000.00	179,000	2012-12-31	Filing
Walters Director	$0.80	15,625	$12,500.00	15,625	2012-12-31	Filing
Walters Director	$0.80	15,625	$12,500.00	15,625	2012-12-31	Filing
Walters Director	$0.80	62,500	$50,000.00	62,500	2012-12-31	Filing
Walters Director	$0.80	75,000	$60,000.00	100,000	2012-12-31	Filing
Rama Director	$0.80	125,000	$100,000.00	226,500	2012-12-31	Filing
Patel Director	$0.80	62,500	$50,000.00	88,500	2012-12-31	Filing
Moore Officer	$0.80	3,125	$2,500.00	4,125	2012-12-31	Filing