ProPhase Labs, Inc. — Director's Dealing 2011

Apr 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ProPhase Labs, Inc. (PRPH)
CIK: 0000868278
Period of Report: 2011-04-21

Reporting Person: Karkus Ted William (Director, CEO & Chaiman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-21	Common Stock, par value $0.0005	A	133928	—	Acquired	754778	Direct
2011-04-21	Common Stock, par value $0.0005	A	128571	—	Acquired	883349	Direct
2011-04-21	Common Stock, par value $0.0005	A	161830	—	Acquired	1045179	Direct

Footnotes

F1: The transaction reported in this row involves a grant of the Issuer's common stock with respect to the Reporting Person's
executive bonus for services rendered in 2010.

F2: The transaction reported in this row involves the conversion of deferred compensation owed to the Reporting Person into
shares of common stock.

F3: The transaction reported in this row involves a grant of restricted common stock pursuant to the terms of the Reporting
Person's employment agreement, dated August 19, 2009, as amended April 21, 2011. The shares will vest in two equal
installments on October 31, 2011 and June 30, 2012.