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AgEagle Aerial Systems Inc. Director's Dealing 2014

May 21, 2014

34467_dirs_2014-05-21_9c644ed7-39d9-49b6-908f-e31bb259b4b4.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: 2014-05-20

Reporting Person: Wright Douglas M. (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-20 Common Stock A 150000 $0.00 Acquired 300000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option Grant $.70 2022-08-15 Common Stock (750000) 750000 Direct

Footnotes

F1: These shares vest 1/3 after one year, with 1/3 vesting after on year, and the remaining shares vesting monthly thereafter over the next two years. The first installment shall become exercisable on August 15, 2013, with additional 1/36th of the shares vesting each subsequent month of continuous employment thereafter.