Perspective Therapeutics, Inc. — Director's Dealing 2014

Jun 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IsoRay, Inc. (ISR)
CIK: 0000728387
Period of Report: 2014-05-27

Reporting Person: Cavanagh William (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-27	Common Stock	M	15000	$0.84	Acquired	15000	Direct
2014-05-27	Common Stock	M	15571	$0.99	Acquired	30571	Direct
2014-05-27	Common Stock	S	30571	$2.22	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-27	Stock Options	$0.84	M	15000	Disposed	2020-01-08	Common Stock (15000)	Direct
2014-05-27	Stock Options	$0.99	M	15571	Disposed	2021-06-07	Common Stock (15571)	Direct

Footnotes

F1: right to buy.

F2: the option became exercisable in three equal installments ending on January 8, 2013.

F3: since the date of the reporting person's last ownership report, he has transferred employee stock options to purchase an aggregate of 49,965 shares of ISR common stock to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities by his ex-wife.

F4: the option became exercisable in three equal installments with two-thirds of the option shares exercisable as of June 30, 2013, and the remaining one-third will become exercisable on June 30, 2014.