ProPhase Labs, Inc. — Director's Dealing 2018

May 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ProPhase Labs, Inc. (PRPH)
CIK: 0000868278
Period of Report: 2018-05-15

Reporting Person: Karkus Ted William (Director, CEO & CHAIRMAN, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-15	Common Stock, par value $0.005	M	100000	$1.65	Acquired	2584849	Direct
2018-05-15	Common Stock, par value $0.005	F	30275	$5.45	Disposed	2554574	Direct
2018-05-15	Common Stock, par value $0.005	M	150000	$2.00	Acquired	2704574	Direct
2018-05-15	Common Stock, par value $0.005	F	55046	$5.45	Disposed	2649528	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-15	Employee Stock Option (right to buy)	$1.65	M	100000	Disposed	2019-12-18	Common Stock (100000)	Direct
2018-05-15	Employee Stock Option (right to buy)	$2.00	M	150000	Disposed	2024-04-27	Common Stock (150000)	Direct

Footnotes

F1: These employee stock options vested in annual installments of 50,000 and 50,000 shares on December 19, 2014 and 2015, respectively.

F2: There employee stock options vested in an annual installment of 150,000 shares on April 26, 2018.