<SEC-DOCUMENT>0001493152-20-012160.txt : 20200629
<SEC-HEADER>0001493152-20-012160.hdr.sgml : 20200629
<ACCEPTANCE-DATETIME>20200629191418
ACCESSION NUMBER:		0001493152-20-012160
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200625
FILED AS OF DATE:		20200629
DATE AS OF CHANGE:		20200629

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Michel Robert J
		CENTRAL INDEX KEY:			0001458190

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-22684
		FILM NUMBER:		20998894

	MAIL ADDRESS:	
		STREET 1:		C/O ASTA FUNDING, INC.
		STREET 2:		210 SYLVAN AVENUE
		CITY:			ENGLEWOOD CLIFFS
		STATE:			NJ
		ZIP:			07632

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DAXOR CORP
		CENTRAL INDEX KEY:			0000027367
		IRS NUMBER:				132682108
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		STREET 2:		SUITE 4740
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118
		BUSINESS PHONE:		212-330-8500

	MAIL ADDRESS:	
		STREET 1:		350 5TH AVENUE
		STREET 2:		SUITE 4740
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IDANT CORP
		DATE OF NAME CHANGE:	19730823
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-06-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000027367</issuerCik>
        <issuerName>DAXOR CORP</issuerName>
        <issuerTradingSymbol>DXR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001458190</rptOwnerCik>
            <rptOwnerName>Michel Robert J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>DAXOR CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>350 5TH AVE, STE 4740</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10118</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CHIEF FINANCIAL OFFICER</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>STOCK OPTION (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>14.11</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-06-25</value>
                <footnoteId id="F1"/>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>10000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-05-11</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">STOCK OPTIONS WERE GRANTED ON MAY 4, 2020 CONTINGENT UPON THE APPROVAL BY DAXOR CORPORATION SHAREHOLDERS OF THE DAXOR CORPORATION 2020 INCENTIVE COMPENSATION PLAN (the &quot;PLAN&quot;) AT THE 2020 ANNUAL MEETING OF SHAREHOLDERS HELD ON JUNE 25, 2020. THE PLAN WAS APPROVED BY THE DAXOR CORPORATION SHAREHOLDERS.</footnote>
        <footnote id="F2">THE STOCK OPTIONS WILL VEST IN THREE INSTALLMENTS - MAY 5, 2021 (3,333) MAY 5, 2022 (3,333) AND MAY 5, 2023 (3,334)</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Robert J Michel</signatureName>
        <signatureDate>2020-06-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
