X0306 4 2016-10-31 0 0000863894 FEMALE HEALTH CO FHCO 0001212655 BETHUNE DAVID R THE FEMALE HEALTH COMPANY 150 NORTH MICHIGAN AVENUE, SUITE 1580 CHICAGO IL 60601 1 0 0 0 Common Stock, par value $.01 per share 2016-10-31 4 A 0 140000 0 A 389115 D Common Stock, par value $.01 per share 2016-10-31 4 M 0 16667 A 405782 D Right to Receive Common Stock 2016-10-31 4 M 0 16667 A 2016-10-31 2016-10-31 Common Stock 16667 0 D Common Stock Option 0.95 2016-10-31 4 A 0 140000 0.95 A 2017-10-31 2026-10-31 Common Stock 140000 140000 D Restricted Stock Units 2016-10-31 4 A 0 140000 A 2018-10-31 2018-10-31 Common Stock 140000 280000 D Stock Appreciation Rights 0.95 2016-10-31 4 A 0 140000 A 2018-10-31 2026-10-31 Common Stock 140000 420000 D The reporting person had the right to receive at his election either 16,667 shares of FHCO common stock or cash based on the market value of 16,667 shares of FHCO common stock as of October 31, 2016, which was $0.95 per share. The reporting person elected to receive 16,667 shares of FHCO common stock. The reporting person has the right to receive 140,000 shares of FHCO common stock if, prior to the second anniversary of the date of grant, FHCO receives shareholder approval under NASDAQ Rule 5635(c) to (i) increase the number of authorized shares under the 2008 Stock Incentive Plan sufficient to issue such shares or (ii) adopt a new plan under which such shares would be issued. If such approval is not received by such date, such awards will be settled in cash based on the fair market value of FHCO common stock on the vesting date. The stock appreciation rights will be settled in stock if, prior to the second anniversary of the date of grant, FHCO receives shareholder approval under NASDAQ Rule 5635(c) to (i) increase the number of authorized shares under the 2008 Stock Incentive Plan sufficient to issue such shares or (ii) adopt a new plan under which such shares would be issued. If such approval is not received by such date, such rights will be settled in cash based on the fair market value of FHCO common stock on the exercise date. /s/ James Bedore, Esq. 2016-11-02