SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

DENTON HERBERT A

(Last)

(First)

(Middle)

40 EAST 94TH STREET

(Street)

NEW YORK

10128

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
POLYMEDICA CORP [ PLMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
03/31/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/10/2001		J4⁽¹⁾	1,000	D	$18.69	1,000	D
Common Stock	12/10/2001		J4⁽²⁾	1,000	A	$18.69	1,000	I	Providence Capital Inc.
Common Stock	07/10/2002		J4⁽³⁾	2,000	D	$24.34	1,000	I	Providence Investors LLC
Common Stock	07/10/2002		J4⁽⁴⁾	2,000	A	$24.34	1,000	I	Providence Capital LLC
Common Stock	07/26/2002		J4⁽⁵⁾	400	D	$27.9	1,000	I	Providence Investors LLC
Common Stock	07/26/2002		J4⁽⁶⁾	400	A	$27.9	1,000	I	Providence Capital LLC
Common Stock	11/22/2002		S4⁽⁷⁾	1,300	D	$29.73	1,000	I	Providence Investors LLC
Common Stock	11/22/2002		P4⁽⁸⁾	1,300	D	$29.76	1,000	I	Providence Capital LLC
Common Stock	01/21/2003		S4⁽⁹⁾	1,300	D	$27.36	1,000	I	Providence Investors LLC
Common Stock	02/03/2003		S4⁽¹⁰⁾	3,700	D	$30.39	1,000	I	Providence Capital LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a transfer of shares from Mr. Denton to Providence Capital, Inc.

2. Represents a transfer of shares from Mr. Denton to Providence Capital, Inc.

3. Represents a transfer of 2,000 shares from Providence Investors LLC to Providence Capital LLC.

4. Represents a transfer of 2,000 shares from Providence Investors LLC.

5. Represents a transfer of 400 shares from Providence Investors LLC to Providence Capital LLC.

6. Represents a transfer of 400 shares from Providence Investors LLC.

7. Represents a sale of 1,300 shares by Providence Investors LLC.

8. Represents a purchase of 1,300 shares by Providence Capital LLC.

9. Represents a sale of 1,300 shares to a Providence Investors LLC Investor.

10. Represents a sale of 3,700 shares by Providence Capital LLC.

Remarks:

	Herbert A. Denton	07/29/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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