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AgEagle Aerial Systems Inc. Director's Dealing 2010

Dec 22, 2010

34467_dirs_2010-12-22_0fcfb4ef-8aec-4b1b-af25-0d7ec440d093.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: 2010-12-20

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-20 Common Stock A 75000 $0.24 Acquired 617061 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-20 Common Stock $0.24 D 75000 Disposed 2010-08-04 Common Stock (75000) Direct

Footnotes

F1: Issuance by EnerJex for fiscal 2009 bonus.

F2: Based upon the closing share price on the OTC:BB on December 17, 2010.

F3: Shares of restricted common stock awarded for fiscal 2009 bonus. Such shares were to be issued on August 4, 2010 if Mr. Cochennet remains an employee of the Issuer through August 3, 2010. Mr. Cochennet remained employed and was issued the shares on December 20, 2010.