AEMETIS, INC — Director's Dealing 2011

Feb 17, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: AE Biofuels, Inc. (AEBF)
CIK: 0000738214
Period of Report: 2010-12-31

Reporting Person: Sorgenti Harold (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-09	Stock Option-ISO (Right to Buy)	$0.12	A	17676	Acquired	2015-12-09	Common Stock (17676)	Direct
2010-12-15	Common Stock Warrant	$0.13	A	82324	Acquired	2015-12-15	Common Stock (82324)	Direct

Footnotes

F1: Grant of Stock Option pursuant to the Company's 2007 Stock Option Plan; 1/12th of the options vest every 3 months from grant date.

F2: Grant of Common Stock Warrant outside of the Company's 2007 Stock Option Plan; 100% vested at Grant Date.