X0306 4 2016-01-11 0 0001292653 Inteliquent, Inc. IQNT 0001663074 OWCZARZAK MICHELLE RAE 550 W ADAMS STE. 900 CHICAGO IL 60661 0 1 0 0 SVP, Sales Common Stock, par value $0.001 per share 2016-01-11 4 A 0 30000 16.52 A 30000 D Represents shares of restricted stock granted in connection with Ms. Owczarzak's appointment as Senior Vice President Sales. One quarter of the securities to which this note relates vest on January 11, 2017, with the remaining three quarters vesting equally on an annual basis over the subsequent three years. /s/ Richard L. Monto, as Attorney-in-Fact for Michelle Rae Owczarzak 2016-01-12