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Envela Corp Director's Dealing 2011

Sep 21, 2011

33686_dirs_2011-09-21_2ef0d11d-fca7-4904-aceb-ebac7ca72d67.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DGSE COMPANIES INC (DGSE)
CIK: 0000701719
Period of Report: 2011-09-19

Reporting Person: SMITH L S (Director, CEO and Chairman, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-09-19 Common Stock S 600000 $6.00 Disposed 1847938 Direct

Footnotes

F1: The transaction date reported under this Form 4 is the date on which the funds paid as consideration for the sale of the shares reported hereunder became immediately available.

F2: Includes 945,634 shares underlying exercisable options.