AEMETIS, INC — Director's Dealing 2011

Jul 22, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AE BIOFUELS, INC. (AEBF)
CIK: 0000738214
Period of Report: 2011-07-14

Reporting Person: Hutcheson Steven W. (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1957570	Direct
Common Stock	71334	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option	$.45	2012-11-29	Common Stock (100000)		Direct

Footnotes

F1: Pursuant to stock option issued under the Zymetis 2006 Incentive Stock Option Plan for 100,000 options at $.45 per share, which are fully vested at grant date.

F2: Mr. Hutcheson and his wife each own 2.181% of the Hutcheson Family LLC (35,667 shares each for a total of 71,334 shares).