Amendment No. 1 to Schedule 13G

SC 13G/A 1 dsc13ga.htm AMENDMENT NO. 1 TO SCHEDULE 13G Amendment No. 1 to Schedule 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

PhotoMedex, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

719358103

(CUSIP Number)

December 31, 2005

(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 719358103


1.	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Joseph E. Gallo
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ¨ (b) ¨
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION United States


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER 0*
	6.	SHARED VOTING POWER 0*
	7.	SOLE DISPOSITIVE POWER 0*
	8.	SHARED DISPOSITIVE POWER 0*


9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0*
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
12.	TYPE OF REPORTING PERSON IN

*Beneficial ownership based on Joseph E. Gallo’s status as trustee with sole voting and dispositive power for shares owned by those certain trusts listed on Exhibit A attached hereto.

**Calculated based on 51,285,725 shares of PhotoMedex, Inc. common stock outstanding as of November 8, 2005, as reported on its quarterly report on Form 10-Q for the quarter ended September 30, 2005, and filed with the Securities and Exchange Commission on November 10, 2005.

CUSIP No. 719358103



Item 1.

(a)		PhotoMedex, Inc.

(b)		147 Keystone Drive, Montgomeryville, PA 18936

Item 2.

(a)		Joseph E. Gallo

(b)		600 Yosemite Blvd., Modesto, CA 95354-2760

(c)		United States

(d)		Common Stock, par value $0.01 per share

(e)		719358103



Item 3.	If this statement is filed pursuant to §§240.13d-1(b) or §§240.13d-2(b) or (c), check whether the person filing is a:

(a)	¨	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).

(b)	¨	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78o).

(c)	¨	Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78o).

(d)	¨	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)	¨	An investment adviser in accordance with §§240.13d-1(b)(1)(ii)(E).

(f)	¨	An employee benefit plan or endowment fund in accordance with §§240.13d-1(b)(1)(ii)(F).

(g)	¨	A parent holding company or control person in accordance with §§240.13d-1(b)(ii)(G).

(h)	¨	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i)	¨	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3).

(j)	¨	Group, in accordance with §§240.13d-1(b)(1)(ii)(J).

CUSIP No. 719358103



Item 4.		Ownership.

(a)		-0-

(b)		0%

(c)(i)		-0-

(c)(ii)		-0-

(c)(iii)		-0-

(c)(iv)		-0-

Item 5.		Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

Item 6.		Ownership of More than Five Percent on Behalf of Another Person. Not Applicable.

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable.

Item 8.		Identification and Classification of Members of the Group. Not Applicable.

Item 9.		Notice of Dissolution of Group. Not Applicable.

Item 10.		Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. 719358103

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

January 11, 2006

(Date)

/s/ Joseph E. Gallo

Joseph E. Gallo, Trustee, Stephanie A. Gallo 1990 Family Trust

/s/ Joseph E. Gallo

Joseph E. Gallo, Trustee, Ernest J. Gallo 1991

Family Trust

/s/ Joseph E. Gallo

Joseph E. Gallo, Trustee, Joseph C. Gallo 1994 Family Trust

/s/ Joseph E. Gallo

Joseph E. Gallo, Trustee, Joseph & Ofelia

Gallo Community Property Trust

EXHIBIT A

Joseph E. Gallo, Trustee, Stephanie A. Gallo 1990 Family Trust

Joseph E. Gallo, Trustee, Ernest J. Gallo 1991 Family Trust

Joseph E. Gallo, Trustee, Joseph C. Gallo 1994 Family Trust

Joseph E. Gallo, Trustee, Joseph & Ofelia Gallo Community Property Trust