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374Water Inc. Director's Dealing 2011

Mar 2, 2011

34629_dirs_2011-03-02_5875b790-3193-4977-8987-c882c3a00c66.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: POWERVERDE, INC. (PWVI)
CIK: 0000933972
Period of Report: 2010-12-31

Reporting Person: BARKER FRED (Director, Vice President and Secretary, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-06 COMMON STOCK J 900000 $.50 Acquired 2015990 Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK 600000 Indirect
COMMON STOCK 2015990 Indirect
COMMON STOCK 1115990 Indirect

Footnotes

F1: Fred and Cindy Barker JT TEN are the sole members of Power Verde Holdings LLC and have complete control of such shares.

F2: Fred and Cindy Barker JT TEN are the sole members of Power Verde Consulting LLC and have complete control of such shares.

F3: An aggregate of 900,000 shares of common stock were sold in a private transaction reported for August 3, 2010, to two related (but unaffiliated to the Issuer) parties (450,000 shares each) at a sale price of $.50 per share.

F4: The transaction reported for August 3, 2010 wherein an aggregate of 900,000 shares of the reporting person's common stock were sold in a private transaction to two related (but unaffiliated to the Issuer) parties (450,000 shares each) at a sale price of $.50 per share, was rescinded on December 6, 2010.