MIMEDX GROUP, INC. — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MIMEDX GROUP, INC. (MDXG.OB)
CIK: 0001376339
Period of Report: 2009-12-31

Reporting Person: PETIT PARKER H (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-31	Common Stock	P	1666667	$.60	Acquired	1682222	Direct
2009-12-31	Common Stock	P	100000	$.60	Acquired	100000	Indirect
2009-12-31	Common Stock	P	100000	$.60	Acquired	100000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	5% Convertible Promissory Note	$.60	C		Disposed	2009-12-31	Common Stock (833333)	Direct
2009-12-31	Common Stock Warrants (Right to Buy)	$1.50	P	833333	Acquired	2014-12-31	Common Stock (833333)	Direct
2009-12-31	Common Stock Warrants (Right to Buy)	$1.50	P	50000	Acquired	2014-12-31	Common Stock (50000)	Indirect
2009-12-31	Common Stock Warrants (Right to Buy)	$1.50	P	50000	Acquired	2014-12-31	Common Stock (50000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrants (Right to Buy)	$.60	2012-09-22	Common Stock (0)	1666667	Direct

Footnotes

F1: The 5% Convertible Promissory Note was paid in entirety by the issuer on 12/31/09.

F2: As a result of the above transaction, in conjunction with the 5% Convertible Promissory Note, the holder was issued warrants to purchase common stock, computed by dividing the aggregate amount of advances under the note by the conversion price and multiplying the resultant quotient by two. The number of derivative securities beneficially owned following the reported transaction on 10/15/09 was incorrectly stated, the revised amount is now properly stated.

F3: Received one warrant for every two shares of common stock purchased at $.60 per share.

F4: The reporting person is the trustee of the Trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.