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Vivakor, Inc. — Director's Dealing 2009
Oct 13, 2009
34747_dirs_2009-10-13_0f11bbe7-39a7-46a1-ba97-70e0f73e99d8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vivakor, Inc. (VIVK)
CIK: 0001450704
Period of Report: 2009-07-27
Reporting Person: Corrente Ed (President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-07-27 | Nonstatutory Stock Option - (right to buy) | $.23 | A | 1500000 | Acquired | 2017-07-27 | Common Stock (1500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock (owned) | 485000 | Direct |
| Common Stock (owned) | 290000 | Indirect |
Footnotes
F1: Mr. Corrente is a Trustee of the Corrente Family Trust, but disclaims beneficial ownership of the shares held in the trust.
F2: Reporting Person was issued a Board of Director approved Non-Statutory Stock Option (acquisition from the Issuer under 16b-3(d)) for the right to purchase the underlying shares of Common Stock, with vesting of 1/2 of the shares beginning on July 27, 200. The remaining shares vest on a monthly basis over a period of twenty-four months beginning July 1, 2009.
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