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 *
KOLIC EDWARD
  2. Issuer Name and Ticker or Trading Symbol
DESTINY MEDIA TECHNOLOGIES INC [DSNY]
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)
TH-J 1111 MARINASIDE CRESCENT
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2014
(Street)

VANCOUVER, A1 V6Z 2Y3
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)
Code V Amount (A) or (D) Price
Common 01/15/2014 01/15/2014 M   75,000 A $ 0.5 296,300 D  
Common 01/15/2014 01/15/2014 F   21,830 (2) D $ 1.72 274,470 D  
Common 01/31/2014 01/31/2014 L(3)   15,202 A $ 1.5975 (4) 289,672 D  
Common 06/13/2014   P   28,701 A $ 0.96 318,373 D  

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $ 0.5 01/15/2014   D     75,000 (1) 01/19/2012 01/19/2014 Common Stock 150,000 $ 0.95 75,000 D  
Stock Options (Right to Buy) $ 0.5 01/15/2014   M     75,000 01/19/2012 01/19/2014 Common Stock 75,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KOLIC EDWARD
TH-J 1111 MARINASIDE CRESCENT
VANCOUVER, A1 V6Z 2Y3
  X      

Signatures

 /s/ Edward Kolic   10/24/2014
**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) Reflects 75,000 stock options cancelled by the issuer in exchange for a cash payment of $71,250 representing the difference between the low market price on January 15, 2014, being $1.45 per share, less the exercise of $0.50 per share ($0.95). The funds will be used by the insider to fund the tax liability associated with the cashless exercise of the stock options. The transaction was approved by the Board of Directors.
(2) Reflects 21,830 shares withheld by the issuer at a price of $1.72 per share less the exercise price of $0.50 per share to fund the cashless exercise of stock options held by Mr. Kolic, which cashless exercise was approved by the Board of Directors.
(3) Purchased under Employee Stock Purchase Plan, which transaction is exempt under Rule 16b-3(c) of the Securities Exchange Act of 1934.
(4) $1.7762 Canadian Dollars, based on exchange rate of 0.8994.
 
Remarks:
The transactions reported in the above Table 1 reflect the cashless exercise of stock options.  The cashless exercise of the options is reported in two lines. The first line of the cashless exercise transaction is coded M in Column 3 of Table 1 and reports in Column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price.  The second line coded F in Column 3 of Table I relate to the same cashless exercise on the preceding line and report in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options.

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