SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hinohara Tomoaki

(Last)

(First)

(Middle)

C/O FOXHOLLOW TECHNOLOGIES, INC.

740 BAY ROAD

(Street)

REDWOOD CITY

94063

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/27/2004

3. Issuer Name and Ticker or Trading Symbol
FOXHOLLOW TECHNOLOGIES, INC. [ FOXH ]

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

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

5. If Amendment, Date of 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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	35,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Convertible Preferred Stock	⁽³⁾	⁽⁴⁾	Common Stock	27,421	⁽⁵⁾	I⁽¹⁾	By Hinohara Trust
Series A Convertible Preferred Stock	⁽³⁾	⁽⁴⁾	Common Stock	13,710	⁽⁵⁾	I⁽²⁾	By Hinohara Associates, L.P.
Series B Convertible Preferred Stock	⁽³⁾	⁽⁴⁾	Common Stock	2,315	⁽⁶⁾	D
Series E Convertible Preferred Stock	⁽³⁾	⁽⁴⁾	Common Stock	16,666	⁽⁵⁾	I⁽¹⁾	By Hinohara Trust
Stock Option (Right to Buy)	⁽³⁾	06/28/2011	Common Stock	3,750	$0.84	D
Stock Option (Right to Buy)	⁽³⁾	03/10/2013	Common Stock	12,500	$0.32	D
Stock Option (Right to Buy)	⁽³⁾	07/26/2014	Common Stock	15,000	$4	D

Explanation of Responses:

1. Dr. Hinohara is a trustee of the Hinohara Trust and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

2. Dr. Hinohara is a general partner of Hinohara Associates, L.P. and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

3. Immed.

4. N/A

5. 1-for-1

6. 1-for-1.367

Remarks:

The Date of Event is based upon the date of effectiveness of the Issuer's Registration Statement on Form S-1 filed in connection with the Issuer's initial public offering, estimated to be on or about October 27, 2004.

	/s/ Tomoaki Hinohara	10/25/2004
	** 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 5 (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 Number.