Capstone Holding Corp. — Director's Dealing 2005

Mar 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORTHOLOGIC CORP (OLGC)
CIK: 0000887151
Period of Report: 2005-03-03

Reporting Person: Pusey James M (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-03	Common Stock	A	200000	$00.00	Acquired	200000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-03	Stock Option (Right to Buy)	$5.88	A	425000	Acquired	2015-03-03	Common Stock (425000)	Direct

Footnotes

F1: Includes 200,000 shares of restricted stock, the restrictions on which will lapse upon the achievement of various predetermined performance conditions.

F2: Exercisable as to 42,500 shares immediately and as to an additional 7,968.75 shares upon the completion of each full month of employment after March 3, 2005 until the option is fully exercisable.

F3: No price for derivative securities. Option was a grant rather than a purchase.