Edgar Filing: LEVY JEFFREY

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

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

LEVY JEFFREY

2. Issuer Name and Ticker or Trading Symbol
INTELLI CHECK INC [IDN]

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)

4212 PICKERING PLACE

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2004

(Street)

ALEXANDRIA, VA 22309

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, $.001 par value	11/17/2004		P		400	A	$ 4.25	1,700	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option (Right to Buy)

$ 5.25

07/08/2004

4,000

07/08/2004

07/08/2014

Common Stock

4,000

$ 0

4,000

Option (Right to Buy)

$ 8.22

07/10/2003

79,000 ⁽¹⁾

07/10/2003

07/10/2008

Common Stock

79,000

$ 0

79,000

Option (Right to Buy)

$ 2.8

07/15/2002

3,000

07/15/2002

07/15/2007

Common Stock

3,000

$ 0

3,000

Option (Right to Buy)

$ 11.625

12/13/1999

15,000

12/13/1999

12/13/2004

Common Stock

15,000

$ 0

15,000

Option (Right to Buy)

$ 12.125

03/13/2000

2,500

03/13/2000

03/13/2005

Common Stock

2,500

$ 0

2,500

Option (Right to Buy)

$ 8

05/08/2000

1,500

05/08/2000

05/08/2005

Common Stock

1,500

$ 0

1,500

Option (Right to Buy)

$ 8.75

07/13/2000

30,000

07/13/2001

07/13/2007

Common Stock

30,000

$ 0

30,000

Option (Right to Buy)

$ 8.75

07/13/2000

5,500

07/13/2000

07/13/2005

Common Stock

5,500

$ 0

5,500

Option (Right to Buy)

$ 10.15

07/11/2001

5,500

07/11/2001

07/11/2006

Common Stock

5,500

$ 0

5,500

Option (Right to Buy)

$ 6.22

03/17/2003

1,000

03/17/2003

03/17/2008

Common Stock

1,000

$ 0

1,000

Rights

$ 8.5

10/05/2001

3,950

10/05/2001

06/30/2005

Common Stock

3,950

$ 0

3,950

Rights

$ 8.5

10/05/2001

06/30/2005

Common Stock

$ 0

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
LEVY JEFFREY 4212 PICKERING PLACE ALEXANDRIA, VA 22309	X

Signatures

/s/ Jeffrey Levy		11/19/2004
^**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)	Currently exercisable to the extent of 54,000, with an additional 25,000 becoming exercisable on the next anniversary of the date of grant provided the reporting person remains a member of the Board of Directors.
Remarks: Upon a transfer of shares to which the rights attach the rights are no longer exercisable.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.