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
Carpenter, Jeff K
8724 County Line Road
Sellersburg, IN 47172-9688
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
September 1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner ( ) Officer (give title below) (X) Other
(specify below)
President & CEO of Key Communications Services, Inc., a subsidiary of PILL
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>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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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)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |09/01/|S* |V|10,000 |D |$13.69 | | | |
|99 | | | | | | | | |
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Common Stock |09/02/|S* |V|5,000 |D |$13.30 | | | |
|99 | | | | | | | | |
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Common Stock |09/03/|S* |V|12,500 |D |$13.69 | | | |
|99 | | | | | | | | |
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Common Stock |09/07/|S* |V|3,750 |D |$13.59 | | | |
|99 | | | | | | | | |
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Common Stock |09/08/|S* |V|10,750 |D |$14.02 | | | |
|99 | | | | | | | | |
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Common Stock |09/09/|S* |V|11,250 |D |$13.77 | | | |
|99 | | | | | | | | |
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Common Stock |09/10/|S* |V|7,500 |D |$13.68 | | | |
|99 | | | | | | | | |
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Common Stock |09/13/|S* |V|5,000 |D |$13.15 | | | |
|99 | | | | | | | | |
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Common Stock |09/15/|S* |V|2,500 |D |$12.61 | | | |
|99 | | | | | | | | |
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Common Stock |09/16/|S* |V|12,500 |D |$12.87 | | | |
|99 | | | | | | | | |
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Common Stock |09/17/|S* |V|5,000 |D |$14.05 | | | |
|99 | | | | | | | | |
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Common Stock |09/20/|S* |V|7,500 |D |$13.80 | | | |
|99 | | | | | | | | |
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Common Stock |09/21/|S* |V|7,500 |D |$13.42 | | | |
|99 | | | | | | | | |
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Common Stock |09/22/|S* |V|5,000 |D |$12.73 | | | |
|99 | | | | | | | | |
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Common Stock |09/23/|S* |V|2,500 |D |$13.17 | | | |
|99 | | | | | | | | |
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Common Stock |09/27/|S* |V|7,500 |D |$12.84 | | | |
|99 | | | | | | | | |
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Common Stock |09/28/|S* |V|6,250 |D |$12.03 |247,854 | | |
|99 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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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)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Options|$11.00 |08/11|A |V|32,667 |A |08/11|08/11|Common Stock|32,667 | | | | |
| |/99 | | | | |/00 |/04 | | | | | | |
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Employee Stock Option |$11.00 |08/11|A |V|32,667 |A |08/11|08/11|Common Stock|32,667 | | | | |
| |/99 | | | | |/01 |/04 | | | | | | |
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Employee Stock Option |$11.00 |08/11|A |V|32,666 |A |08/11|08/11|Common Stock|32,666 | |142,000 | | |
| |/99 | | | | |/02 |/04 | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
*Sold under an effective S-3 Registration Statement in conjunction with the
merger of Key Communications
Service, Inc. and ProxyMed,
Inc.
SIGNATURE OF REPORTING PERSON
Jeff K. Carpenter
DATE
October 4, 1999
