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 *
FRANKLIN MARTIN E
  2. Issuer Name and Ticker or Trading Symbol
Platform Specialty Products Corp [PAH]
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)
C/O PLATFORM SPECIALTY PRODUCTS CORP.,, 5200 BLUE LAGOON DRIVE, SUITE 855
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2014
(Street)

MIAMI, FL 33126
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 Stock, par value $0.01 per share 03/13/2014   X(1)   883,333 (2) A $ 11.5 6,197,142 I By Mariposa Acquisition, LLC (3)

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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
Warrant (right to buy) $ 11.5 03/13/2014   X(1)     2,650,001 (4) 05/17/2013(5) 10/31/2016(5) Common Stock 883,333 (2) $ 0 0 I By Mariposa Acquisition, LLC (3)
Series A Preferred Stock, par value $0.01 per share (6)               (6)   (6) Common Stock 1,060,000   1,060,000 I By Mariposa Acquisition, LLC (3)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FRANKLIN MARTIN E
C/O PLATFORM SPECIALTY PRODUCTS CORP.,
5200 BLUE LAGOON DRIVE, SUITE 855
MIAMI, FL 33126
  X      

Signatures

 /s/ Martin E. Franklin   03/14/2014
**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) Transaction exempt pursuant to Rule 16b-6 promulgated under the Securities Exchange Act of 1934, as amended.
(2) Represents 883,333 shares of Common Stock acquired upon the exercise of 2,649,999 warrants to purchase Common Stock beneficially owned by reporting person, including 2 warrants which could not be exercised for a whole share of Common Stock and which therefore are expected to be each redeemed for $0.01 on April 3, 2014.
(3) Represents an indirect interest held by Mariposa Acquisition, LLC. Mr. Franklin is the managing member of Mariposa Acquisition, LLC and may be considered to have beneficial ownership of Mariposa Acquisition, LLC's interests in the Issuer. Mr. Franklin disclaims beneficial ownership of any shares in which he does not have a pecuniary interest. Mr. Franklin owns, directly or indirectly, 61.32% of Mariposa Acquisition, LLC representing 3,800,087 shares of the Issuer's Common Stock and 649,992 shares of the Issuer's Series A Preferred Stock.
(4) Each warrant entitles the holder to purchase one-third (1/3) of a share of Common Stock upon exercise at a price of $11.50 per whole share of Common Stock. Warrants are only exercisable for whole shares of Common Stock.
(5) On March 5, 2014, the Issuer announced that, in accordance with the terms of the warrant instrument governing the warrants, each warrant will be mandatorily redeemed by the Issuer for $0.01 per warrant on April 3, 2014, unless exercised before 5:00 p.m. on April 2, 2014.
(6) The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock upon the earlier to occur of (i) a change of control of the Issuer or (ii) December 31, 2020 (unless extended in accordance with the terms of the Series A Preferred Stock).

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