AEMETIS, INC — Director's Dealing 2010

Mar 18, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AE Biofuels, Inc. (AEBF)
CIK: 0000738214
Period of Report: 2010-03-12

Reporting Person: Waltz Todd (Chief Financial Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option - NSO (Right to Buy)	$3.00	2012-11-26	Common Stock (90000)		Direct
Stock Option-ISO (Right to Buy)	$3.70	2013-06-16	Common Stock (20000)		Direct
Stock Option-ISO (Right to Buy)	$.16	2012-05-20	Common Stock (220000)		Direct
Stock Option-ISO (Right to Buy)	$.21	2015-03-16	Common Stock (600000)		Direct

Footnotes

F1: Grant of stock pursuant to the Company's 2007 Stock Option Plan; 50% vest at grant date and 1/24th of the shares subject to the option shall vest every three months from date of grant.

F2: Grant of stock pursuant to the Company's 2007 Stock Option Plan; 1/12th of the shares subject to the option shall vest every three months from date of grant.