Edgar Filing: HART RONALD W

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

HART RONALD W

2. Issuer Name and Ticker or Trading Symbol
GUIDED THERAPEUTICS INC [GTHP]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

4821 CRESTWOOD DRIVE

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2012

(Street)

LITTLE ROCK, AR 72207

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/15/2012⁽²⁾⁽⁴⁾		M		21,522	A	$ 0.4	711,060	D
Common Stock	06/15/2012⁽²⁾⁽⁴⁾		M		57,282	A	$ 0.4	265,019	I	By Hart Management ⁽³⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Common Stock Warrants (Right to Buy)

$ 0.65

06/15/2012⁽²⁾

64,564

⁽¹⁾

03/01/2013

Common Stock

64,564

⁽²⁾

Common Stock Warrants (Right to Buy)

$ 0.65

06/15/2012⁽²⁾

153,846

03/01/2007

03/01/2013

Common Stock

153,846

⁽²⁾

by Hart Management ⁽³⁾

Common Stock Warrants (Right to Buy)

⁽⁴⁾

06/15/2012⁽²⁾

21,522

07/05/2012

07/15/2012

Common Stock

21,522

$ 0

21,522

Common Stock Warrants (Right to Buy)

$ 0.65

07/06/2012

21,522

07/05/2012

03/01/2014

Common Stock

21,522

$ 0

21,522

Common Stock Warrants (Right to Buy)

$ 0.8

07/06/2012

21,520

07/05/2012

03/01/2014

Common Stock

21,520

$ 0

21,520

Common Stock Warrants (Right to Buy)

⁽⁴⁾

06/15/2012⁽²⁾

51,282

07/05/2012

09/15/2012

Common Stock

51,282

$ 0

51,282

by Hart Management ⁽³⁾

Common Stock Warrants (Right to Buy)

$ 0.65

07/06/2012

51,282

07/05/2012

03/01/2014

Common Stock

51,282

$ 0

51,282

by Hart Management ⁽³⁾

Common Stock Warrants (Right to Buy)

$ 0.8

07/06/2012

51,282

07/05/2012

03/01/2015

Common Stock

51,282

$ 0

51,282

by Hart Management ⁽³⁾

Common Stock Warrants (Right to Buy)

$ 0.4 ⁽⁴⁾

06/15/2012⁽²⁾⁽⁴⁾

21,522

07/05/2012

09/15/2012

Common Stock

21,522

$ 0

Common Stock Warrants (Right to Buy)

$ 0.4 ⁽⁴⁾

06/15/2012⁽²⁾⁽⁴⁾

51,282

07/05/2012

09/15/2012

Common Stock

51,282

$ 0

by Hart Management ⁽³⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HART RONALD W 4821 CRESTWOOD DRIVE LITTLE ROCK, AR 72207	X

Signatures

/s/ Dr. Mark L. Faupel, Attorney in Fact		07/06/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	The securities were immediately exercisable upon issuance, and were issued on either 12/1/2008 or 8/31/2009.
(2)	Effective July 6, 2012, the issuer conceled, pursuant to its warrant exchange offer, warrants to purchase an aggregate of 218,410 shares of the issuer's common stock, granted to the reporting person on 3/1/2007, 12/1/2008, or 8/31/2009. In exchange, the reporting person received a combination of three types of new warrants with varying exercise prices and expiration dates, exercisable for an aggretate of 218,410 shares of the issuer's common stock.
(3)	Dr. Hart is the owner and CEO of Hart Management, LLC.
(4)	The security had three different exercise prices, depending on the time exercised, ranging from $.40 to $.50 per share. When exercised, the exercise price was $.40 per share.

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