AgEagle Aerial Systems Inc. — Director's Dealing 2014

Jun 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerJex Resources, Inc. (ENRJ)
CIK: 0000008504
Period of Report: 2014-06-20

Reporting Person: Montecito Venture Partners LLC (10% Owner)
Reporting Person: Lowe R Atticus (10% Owner)
Reporting Person: Helfert Lance W (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-20	Common Stock	P	161177	—	Acquired	439597	Direct
2014-06-20	10% Series A Cumulative Redeemable Perpetual Preferred Stock	P	56990	—	Acquired	56990	Direct
2014-06-20	Series A Preferred Stock	S	2417660	—	Disposed	0	Direct

Footnotes

F1: These shares were received as part of an Exchange Agreement by and among the Registrant and its existing series A preferred holders. As consideration for entering into the Exchange Agreement, each existing series A preferred holder received 1 share of common stock.

F2: These shares were received as part of an Exchange Agreement by and among the Registrant and its existing series A preferred holders. Pursuant to the Exchange Agreement, each holder received a number of shares equal to the quotient determiend by dividing (x) the stockholder's undisbursed Series A Preferential Dividended, by (y) the New Series A Original Issue Price per share.