Insider Trades - SARDESAI NIRANJAN

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SARDESAI NIRANJAN: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Inovio Pharmaceuticals, Inc. Co Officer AMEX:INO (historical quotes, profile, other insiders)	20-Mar-13	101,800	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
20-Mar-13 25,000 INO Purchase at $0.53 per share.
(Cost of $13,250)
16-May-12 10,000 INO Purchase at $0.45 per share.
(Cost of $4,500)
3-Jan-12 66,800 INO Statement of Ownership

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
20-Mar-13	25,000	INO	Purchase at $0.53 per share. (Cost of $13,250)
16-May-12	10,000	INO	Purchase at $0.45 per share. (Cost of $4,500)
3-Jan-12	66,800	INO	Statement of Ownership