SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Rouhandeh Steven H (Last) (First) (Middle) C/O SCO CAPITAL PARTNERS LLC 1325 AVENUE OF THE AMERICAS 27TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol PLASMATECH BIOPHARMACEUTICALS INC [ PTBI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 12/24/2014
	4. If Amendment, Date of Original Filed (Month/Day/Year) 12/29/2014	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X 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 Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/24/2014		P		250,000	A	$4	315,042	I	SCO Capital Partners LLC
Common Stock	12/24/2014		C(1)		4,922,102	A	$4	5,237,144	I	SCO Capital Partners LLC
Common Stock	12/24/2014		C(1)		385,725	A	$4	389,147	I	Beach Capital LLC
Common Stock	12/24/2014		C(3)		831,836	A	$4	6,068,980	I	SCO Capital Partners LLC
Common Stock	12/24/2014		C(3)		65,280	A	$4	454,427	I	Beach Capital LLC
Common Stock	12/24/2014		J(2)		4,306,950	A	$4	10,375,930	I	SCO Capital Partners LLC
Common Stock	12/24/2014		J(2)		693,051	A	$4	1,147,477	I	Beach Capital LLC
Common Stock	12/24/2014		J(3)		1,703,362	A	$4	12,079,291	I	SCO Capital Partners LLC
Common Stock	12/24/2014		J(3)		216,718	A	$4	1,364,195	I	Beach 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock Purchase Warrants	$5	12/24/2014		P		250,000		12/24/2014	12/24/2019	Common Stock	250,000	$0.01	250,000	I	SCO Capital Partners LLC
Series A Cumlative Convertible Preferred Stock	$4	12/24/2014		C(1)			1,968.8409	12/24/2014	12/24/2014	Common Stock	4,922,102	$4	0	I	SCO Capital Partners LLC
Series A Cumulative Convertible Preferred Stock	$4	12/24/2014		C(1)			154.2898	12/24/2014	12/24/2014	Common Stock	385,725	$4	0	I	Beach Capital LLC
Series B Cumulative Convertible Preferred Stock	$4	12/24/2014		J(2)			861.3899	12/24/2014	12/24/2014	Common Stock	4,306,950	$4	0	I	SCO Capital Partners LLC
Series B Cumlative Convertible Preferred Stock	$4	12/24/2014		J(2)			138.6101	12/24/2014	12/24/2014	Common Stock	693,051	$4	0	I	Beach Capital LLC

1. Name and Address of Reporting Person* Rouhandeh Steven H (Last) (First) (Middle) C/O SCO CAPITAL PARTNERS LLC 1325 AVENUE OF THE AMERICAS 27TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SCO CAPITAL PARTNERS LLC (Last) (First) (Middle) 1325 AVE OF THE AMERICAS 27TH FL. (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Beach Capital LLC (Last) (First) (Middle) 1325 AVENUE OF THE AMERICAS 27TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Series A Cumulative Convertible Preferred Stock was converted by the Company into common stock on 12/24/2014.

2. Series B Cumulative Convertible Preferred Stock was exchanged for common stock by the company on 12/24/2014.

3. Series A and Series B Preferred Stock dividends due and interest due on dividends and liquidated damages was converted into or exchanged for common stock by the company on 12/24/2014.

	/s/ Steven H. Rouhandeh	12/30/2014
	/s/ SCO Capital Partners LLC, by Steven H. Rouhandeh, Managing Director	12/30/2014
	/s/ Beach Capital LLC, by Steven H. Rouhandeh, Managing Member	12/30/2014
	** Signature of Reporting Person	Date
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