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Apyx Medical Corp Director's Dealing 2004

Mar 4, 2004

34303_dirs_2004-03-04_330fd2d1-dcde-45b5-93c3-a1b8c35c1b0a.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: BOVIE MEDICAL CORP (BVX)
CIK: 0000719135
Period of Report: 2003-12-31

Reporting Person: MADDEN BRIAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-12-02 Common Stock A 4400 $3.10 Acquired 20000 Indirect
2003-12-08 Common Stock A 600 $3.10 Acquired 20000 Indirect
2003-09-29 Common Stock A 0 Acquired 20000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2003-09-29 Options $3.25 A 25000 Acquired 2013-09-28 Common Stock (25000) Direct

Footnotes

F1: Became director on 09/29/03. He beneficially owned no non-derivative securities at the time; however his wife owned 15,000
shares at the time Mr.Madden became director.Such shares were purchased by his wife prior thereto with her own
personal funds and Mr.Madden disavows any financial interest in the shares.

F2: Mr. Madden's wife purchased additional shares in December 2003 with her own funds. Mr. Madden disavows any financial or
beneficial interest in her shares.

F3: This transaction constitutes the initial holdings of beneficial ownership of a reporting person (in lieu of Form 3).