Sec Form 4 Filing - Rafaeli Dolev @ PHOTOMEDEX INC - 2016-01-04

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
Rafaeli Dolev
2. Issuer Name and Ticker or Trading Symbol
PHOTOMEDEX INC [ PHMD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
PHOTOMEDEX, INC., 100 LAKESIDE DRIVE, STE. 100
3. Date of Earliest Transaction (MM/DD/YY)
01/04/2016
(Street)
HORSHAM, PA19044
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
PhotoMedex Common Stock 01/04/2016 S 22,274 ( 1 ) D $ 0.4321 ( 2 ) 858,073 D
PhotoMedex Common Stock 01/05/2016 S 16,606 ( 1 ) D $ 0.4349 ( 3 ) 841,467 D
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 Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rafaeli Dolev
PHOTOMEDEX, INC.
100 LAKESIDE DRIVE, STE. 100
HORSHAM, PA19044
X CEO
Signatures
/s/ Dolev Rafaeli 01/06/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The transactions reported on this Form 4 were effected pursuant to a 10b5-1 Trading Plan adopted by the reporting person on August 13, 2015 under the Securities Exchange Act of 1934, providing for the periodic sales of Common Stock of the Issuer pursuant to Rule 144. The sale of these shares was made to provide funds for the payment of Federal and State income taxes due as a result of Dr. Rafaeli vesting in the restricted stock granted to him by the Company.
( 2 )These shares were sold in multiple transactions in a price range of $0.4101 to $0.4500 inclusive. The figure represents the average sale price of the shares sold.
( 3 )These shares were sold in multiple transactions in a price range of $0.4100 to $0.4584 inclusive. The figure represents the average sale price of the shares sold.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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