SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Chan Ella Y. T. C.

(Last) (First) (Middle)
323 WOOD LOOP ST.

(Street)
HOUSTON TX 77015

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/05/2012
3. Issuer Name and Ticker or Trading Symbol
DYNACQ HEALTHCARE INC [ DYII ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,646,205 D(1)
Common Stock 6,788,115 D(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options (right to buy) (3) 05/16/2013 Common Stock 100,000 $2.75 D(3)
1. Name and Address of Reporting Person*
Chan Ella Y. T. C.

(Last) (First) (Middle)
323 WOOD LOOP ST.

(Street)
HOUSTON TX 77015

(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*
Estate of Chiu M. Chan

(Last) (First) (Middle)
323 WOOD LOOP ST.

(Street)
HOUSTON TX 77015

(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. The Common Stock is owned by Ella Y. T. C. Chan.
2. The Common Stock is owned by the Estate of Chiu M. Chan. Ella Y. T. C. Chan is the sole executrix of the estate with sole voting and dispositive power over the Common Stock held by the estate. Ms. Chan is the sole beneficiary of the shares of Common Stock owned by the estate.
3. The Options are currently exercisable and are owned by the Estate of Chiu M. Chan.
Remarks:
The Reporting Persons together with Eric K. Chan, Bert Chan, Philip S. Chan, Chan Chang Chin Ying and Edward K. Chiu may constitute a group under the meaning of Rule 13d-5 of the Securities Exchange Act of 1934, as amended. See Schedule 13D filed by the Reporting Persons on September 12, 2012.
/s/ Ella Y.T.C. Chan 09/12/2012
/s/ Ella Y.T.C. Chan, as executrix of the Estate of Chiu M. Chan 09/12/2012
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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