Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Richardson Stephen
 2. Date of Event Requiring Statement (Month/Day/Year)
10/05/2015		 3. Issuer Name and Ticker or Trading Symbol
IGI LABORATORIES, INC [IG]
(Last)
(First)
(Middle)
C/O IGI LABORATORIES, INC., 105 LINCOLN AVENUE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Scientific Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BUENA, NJ 08310		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   (1) 10/05/2025 Common Stock 25,000 $ 7.42 D  
Stock Option (Right to Buy)   (2) 10/05/2025 Common Stock 200,000 $ 7.42 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Richardson Stephen
C/O IGI LABORATORIES, INC.
105 LINCOLN AVENUE
BUENA, NJ 08310		       Chief Scientific Officer  

Signatures

/s/ Stephen Richardson 10/07/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) These securities were issued pursuant to the Issuer's 2009 Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of IGI Laboratories, Inc. common stock. The restricted stock units shall vest over a three-year period in three equal annual installments beginning on October 5, 2016.
(2) These securities were issued pursuant to the Issuer's 2009 Equity Incentive Plan. The shares underlying the stock options shall vest over a three-year period in three equal annual installments beginning on October 5, 2016.

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