AgEagle Aerial Systems Inc. — Director's Dealing 2009

Aug 20, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerJex Resources, Inc. (ENRJ)
CIK: 0000008504
Period of Report: 2009-08-03

Reporting Person: Cochennet Steve (Director, CEO/President/Secretary, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-03	Common Stock	A	18800	$1	Acquired	418800	Direct
2009-08-03	Common Stock	A	50000	$1	Acquired	468800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-03	Common Stock Options	$1	J	200000	Disposed	2011-05-03	Common Stock (200000)	Direct
2009-08-03	Common Stock	$1	A	75000	Acquired	2010-08-04	Common Stock (75000)	Direct

Footnotes

F1: Shares of common stock issued for prior rescission of options in fiscal 2008.

F2: Deemed fair market value pursuant SFAS 123R.

F3: Shares issued in exchange for 200,000 currently outstanding options.

F4: Options exchanged for 50,000 shares of restricted common stock.

F5: Shares of restricted common stock awarded for fiscal 2009 bonus. Such shares will be issued on August 4, 2010 if Mr. Cochennet remains an employee of the Issuer through August 3, 2010.