4 1 edgar.txt FORM 4 - 07/31/2001 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Hoover, Michael K c/o 2555 Davie Road, Suite 110 Fort Lauderdale, FL 33317 USA 2. Issuer Name and Ticker or Trading Symbol ProxyMed, Inc. PILL 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 07/31/2001 5. If Amendment, Date of Original (Month/Year) 07/31/2001 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Chairman and Chief Executive Officer 7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock, $.001 par val|7/24/0|P |V|37,000 |A |$0.9049 | |D | | ue |1 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.001 par val|7/25/0|P |V|23,500 |A |$0.91 | |D | | ue |1 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.001 par val|7/26/0|P |V|10,000 |A |$0.9050 | |D | | ue |1 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.001 par val|7/27/0|P |V|2,500 |A |$0.91 | |D | | ue |1 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock, $.001 par val|7/30/0|P |V|27,000 |A |$0.91 |528,722* |D | | ue |1 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Employee Stock Option |$0.92 |7/25/|A |V|137,000 |A |7/25/|7/25/|Common Stock|137,000|$0.92 |6,786,559 |D | | | |01 | | | | |06* |11 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|

Explanation of Responses: *Option vesting may be accelerated to 12/31/01, subject to the Company's and the Employee's satisfaction of certain performance criteria. SIGNATURE OF REPORTING PERSON Michael K. Hoover DATE August 9, 2001

Filing Compare · HOOVER MICHAEL K