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SEC Form 3
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
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Sheffield Ian

(Last) (First) (Middle)
C.O GREAT POINT PARTNERS, LLC
165 MASON STREET, 3RD FLOOR

(Street)
GREENWICH CT 06870

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/13/2013
3. Issuer Name and Ticker or Trading Symbol
BOVIE MEDICAL CORP [ BVX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
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)
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: 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
Series A 6% Convertible Preferred Stock(1) (1) (1) Common Stock(1) 3,500,000(1) $2(1) I(1) See Footnote (2)(2)
Common Stock Warrants (right to buy)(3) (3) (3) Common Stock 5,250,000(3) $2.387(3) I(3) See Footnote (2)(3)
1. Name and Address of Reporting Person*
Sheffield Ian

(Last) (First) (Middle)
C.O GREAT POINT PARTNERS, LLC
165 MASON STREET, 3RD FLOOR

(Street)
GREENWICH CT 06870

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
GREAT POINT PARTNERS LLC

(Last) (First) (Middle)
165 MASON STREET
3RD FLOOR

(Street)
GREENWICH CT 06870

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The securities will be convertible immediately into common stock (initially on a share for share basis) at any time without expiration as determined by dividing the Stated Value of the Series A 6% Convertible Preferred Stock by the then applicable conversion price.
2. The amounts shown represent the beneficial ownership or the issuer's securities by funds and certain managed accounts managed by Great Point Partners. LLC (the "GPP investors"), which may be deemed attributable to Mr. Sheffield because Mr. Sheffield is a Senior Associate of Great Point Partners, LLC. Mr. Sheffield serves as a director or the issuer as a designee of Great Point Partners, LLC acting on behalf of the GPP Investors, and accordingly Great Point Partners, LLC and the GPP Investors may be deemed to be a director by deputization. Great Point Partners, LLC and Mr. Sheffield each disclaim beneficial ownership of the shares except to the extent of their pecuniary interest therein. The amounts shown consist of securities collectively owned by each or Biomedical Value Fund, LP, Biomedical Institutional Value Fund, LP, Biomedical Offshore Value Fund, Ltd., WS Investments II, Class D Series of GEF-PS, LP, and David J. Morrison.
3. These securities may be exercisable on June 13, 2014 into shares or common stock and expire on June 13, 2019.
Remarks:
/s/ Jeffrey Jay, Senior Manaing Member, Great Point Partners, LLC 12/23/2013
/s/ Ian Sheffield 12/23/2013
** Signature of Reporting Person Date
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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.