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AgEagle Aerial Systems Inc. Director's Dealing 2009

Aug 17, 2009

34467_dirs_2009-08-17_b6ba6f14-67cd-491b-a293-ce8b29ced2f3.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: 2009-08-03

Reporting Person: Jones Dierdre P. (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-08-03 Common Stock A 10000 $1 Acquired 10000 Direct
2009-08-03 Common Stock A 5000 $1 Acquired 15000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-08-03 Common Stock Option $1 J 20000 Disposed 2011-07-31 Common Stock Option (20000) Direct
2009-08-03 Common Stock $1 A 20000 Acquired 2010-08-04 Common Stock (20000) Direct

Footnotes

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

F2: Deemed fair market value pursuant to SFAS 123R.

F3: Shares issued in exchange for 20,000 outstanding common stock options.

F4: Options exchanged for 5,000 shares of common stock.

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