X0306 4 2015-03-17 0 0000719135 BOVIE MEDICAL CORP BVX 0001594410 Sheffield Ian C.O GREAT POINT PARTNERS, LLC 165 MASON STREET, 3RD FLOOR GREENWICH CT 06870 1 0 0 0 0001281446 GREAT POINT PARTNERS LLC 165 MASON STREET, 3RD FLOOR GREENWICH CT 06830 0 0 0 1 Director by deputization Common Stock 2015-03-17 4 A 0 480000 2.50 A 480000 I See footnote 1 Series B Convertible Preferred Stock 2015-03-17 4 A 0 3588139 A Common Stock 7176278 3588139 I See Footnote 1 Series A Convertible Preferred Stock 2015-03-17 4 D 0 3500000 A Common Stock 3500000 0 I See Footnote 1 Common Stock Warrants (right to buy) 2015-03-17 4 D 0 5250000 A Common Stock 5250000 0 I See Footnote 1 The amounts shown represent the beneficial ownership of the issuer's securities by funds and certain managed accounts managed by Great Point Partners LLC (the "GPP Investors"), which may be deemed attributable to Mr. Sheffield. Mr. Sheffield serves as a director of the issuer as a representative of Great Point Partners LLC acting on behalf of the GPP Investors, and accordingly Great Point Partners LLC and the GPP Investors may be deemed to be a director by deputization. Great Point Partners, LLC and Mr. Sheffield each disclaim beneficial ownership of the shares except to the extent of his pecuniary interest therein. On March 17, 2015, the GPP Investors acquired 3,588,139 shares of Series B Preferred Convertible Stock in exchange for 3,500,000 shares of Series A 6% Convertible Preferred Stock and warrants to purchase up to 5,250,000 shares of the registrant's common stock. The Series B Convertible Preferred Stock is convertible at the option of the holder into shares of the registrant's common stock at a conversion ratio of one (1) share of Series B Convertible Preferred Stock to two (2) shares of common stock, subject to adjustments for stock dividends, splits, combinations and similar events. /s/ Ian Sheffield 2015-03-18 GREAT POINT PARTNERS, LLC /s/ Dr, Jeffry Jay, Senior Managing Member 2015-03-18