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AgEagle Aerial Systems Inc. Director's Dealing 2009

Aug 26, 2009

34467_dirs_2009-08-26_75c55336-6cb8-4b95-b89c-0f7526cfa14f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerJex Resources, Inc. (ENRJ)
CIK: 0000008504
Period of Report: 2009-08-25

Reporting Person: WEST COAST OPPORTUNITY FUND LLC (10% Owner)
Reporting Person: WEST COAST ASSET MANAGEMENT INC (10% Owner)
Reporting Person: Lowe R Atticus (10% Owner)
Reporting Person: Helfert Lance W (10% Owner)
Reporting Person: Orfalea Paul J (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-08-25 Common Stock J 1554 $0.74 Acquired 1001554 Direct
2009-08-25 Common Stock J 1548 $0.76 Acquired 1003102 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-08-25 Convertible Senior Secured Debenture $3.00 J Acquired 2010-09-30 Common Stock (30993) Direct

Footnotes

F1: (1) On the reporting date, Enerjex Resources, Inc. paid a portion of the interest due on 2007 Senior Secured Debentures as of June 30, 2009, through an issuance to the Reporting Person of payment in kind shares.

F2: (1) On the reporting date, Enerjex Resources, Inc. paid the remaining interest due on the 2007 Senior Secured Debentures as of June 30, 2009, by increasing the Principal amount of the Convertible Senior Secured Debenture.