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AgEagle Aerial Systems Inc. Director's Dealing 2012

Aug 17, 2012

34467_dirs_2012-08-17_9e8bd10e-7321-4e44-a3a6-852a671086aa.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: 2012-08-15

Reporting Person: Helfert Lance W (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-08-15 Common Stock J 53577 $0.00 Acquired 53577 Direct
2012-08-15 Common Stock J 32146 $0.00 Acquired 32146 Indirect
2012-08-15 Common Stock J 32146 $.70 Acquired 32146 Indirect
2012-08-15 Common Stock J 42065 $0.00 Acquired 42065 Indirect
2012-08-15 Common Stock J 42065 $0.00 Acquired 42065 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11812469 Indirect
Common Stock 14934859 Indirect
Series A Preferred Stock 2417660 Indirect

Footnotes

F1: Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC, of which Mr. Helfert is a member. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

F2: Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maxwell Helfert Roth IRA, which Mr. Helfert is trustee. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

F3: Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maverick Helfert Roth IRA, which Mr. Helfert is trustee. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

F4: Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maxwell Helfert, Mr. Helfert's child. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

F5: Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maverick Helfert, Mr. Helfert's child. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

F6: Shares are held by West Coast Opportunity Fund, LLC for the benefit of its members. The members are the beneficial owners of the shares reported herein. Some of the members are affiliated with the Reporting Person. The investments held by West Coast Opportunity Fund are managed by West Coast Asset Management, Inc. (the "Investment Manager"). Reporting Person serves on the investment committee of the Investment Manager. Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other person.

F7: Shares are held by Montecito Venture Partners, LLC, which Reporting Person serves on the Board of Managers. Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other person.

F8: Shares held in IRA