Capstone Holding Corp. — Director's Dealing 2006

May 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORTHOLOGIC CORP (OLGC)
CIK: 0000887151
Period of Report: 2006-05-12

Reporting Person: HOLLIMAN JOHN M III (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-12	Common Stock	A	11612	—	Acquired	76612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-12	Stock Option (Right to Buy)	$1.75	A	225000	Acquired	2016-05-12	Common Stock (225000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3000	Indirect

Footnotes

F1: Includes 11,612 shares of restricted stock, the restrictions on which will lapse on May 12, 2007

F2: Exercisable as to 25,000 shares immediately and the remaining 200,000 shall vest in twenty-four equal monthly installments beginning on May 12, 2006