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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.