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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Caragol William J
2. Issuer Name and Ticker or Trading Symbol

POSITIVEID Corp [ PSID ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

1690 SOUTH CONGRESS AVENUE, SUITE 201
3. Date of Earliest Transaction (MM/DD/YYYY)

5/13/2015
(Street)

DELRAY BEACH, FL 33445
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. 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
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock   5/13/2015     G   V 18500   (1) D $0.00   (1) 2233416   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series I Convertible Preferred Stock   (2) $0.036   (2) 5/13/2015     G     V    50   (2)   1/1/2017   (2)   (3) Common Stock   1523592   (2) $1000   (2) 806   (4) D    

Explanation of Responses:
( 1)  On May 13, 2015, Mr. Caragol gifted 18,500 shares of common stock to the Caragol Family Irrevocable Trust.
( 2)  On May 13, 2015, Mr. Caragol gifted 50 shares of Series I Convertible Preferred Stock ("Series I") to the Caragol Family Irrevocable Trust. The Series I gifted by Mr. Caragol has a stated value of $1,000 per share and are convertible as of May 13, 2015 into 1,523,592 shares of common stock, par value of $0.01, at $0.036 per share. The Series I will vest on January 1, 2017.
( 3)  No expiration date.
( 4)  After the gift, Mr. Caragol owns a total of 806 shares of the Company's Convertible Series I Preferred Stock, convertible as of May 13, 2015 into 31,385,850 shares of common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Caragol William J
1690 SOUTH CONGRESS AVENUE
SUITE 201
DELRAY BEACH, FL 33445
X X Chairman and CEO

Signatures
/s/ William J Caragol 5/15/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.