Sec Form 4 Filing - Dyer Jeffrey Hansen @ POLARITYTE, INC. - 2020-01-02

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
Dyer Jeffrey Hansen
2. Issuer Name and Ticker or Trading Symbol
POLARITYTE, INC. [ PTE]
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)
4041-T HADLEY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
01/02/2020
(Street)
SOUTH PLAINFIELD, NJ07080
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 01/02/2020 A 10,769 A 502,667 D
Common Stock 700 ( 2 ) I Cust. for daughter,UGMA
Common Stock 1,200 ( 2 ) I Cust. for son,UGMA
Common Stock 1,740 ( 2 ) I Cust. for daughter,UTMA
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 Indi rect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (Right to Buy) $ 2.6 01/02/2020 A 24,984 02/01/2020 01/31/2030 Common Stock 24,984 $ 2.08 ( 3 ) 24,984 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dyer Jeffrey Hansen
4041-T HADLEY ROAD
SOUTH PLAINFIELD, NJ07080
X
Signatures
/s/ Jeffrey H. Dyer 01/06/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares were issued as restricted share units pursuant to the 2019 Equity Incentive Plan for annual director fees totaling $28,000 or $2.60 per share. The shares vest in 12 equal monthly installments beginning February 1, 2020.
( 2 )The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting is the beneficial owner of these shares for purposes of section 16 or for any other purpose.
( 3 )This option was issued to the reporting person pursuant to the 2019 Equity Incentive Plan for annual director fees in the amount of $52,000.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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