Sec Form 4 Filing - Lowe R Atticus @ EnerJex Resources, Inc. - 2014-06-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lowe R Atticus
2. Issuer Name and Ticker or Trading Symbol
EnerJex Resources, Inc. [ ENRJ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President
(Last) (First) (Middle)
1205 COAST VILLAGE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/20/2014
(Street)
MONTECITO, CA93108
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2014 P 161,177 A 439,597 I Shares held by Montecito Venture Partners, LLC( 4 )
10% Series A Cumulative Redeemable Perpetual Preferred Stock 06/20/2014 P 56,990 A 56,990 I Shares held by Montecito Venture Partners, LLC( 4 )
Series A Preferred Stock 06/20/2014 S 2,417,660 D 0 I Shares held by Montecito Venture Partners, LLC( 4 )
Common Stock 8,572( 3 ) I Shares held in IRA
Common Stock 3,439,524( 3 ) I Shares held by West Coast Opportunity Fund, LLC( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/ DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lowe R Atticus
1205 COAST VILLAGE ROAD
MONTECITO, CA93108
X Vice President
Signatures
/s/ R. Atticus Lowe 06/24/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )On May 30, 2014, the Registrant field a 1-for-15 reverse stock split of the outstanding common stock as of that date.
( 4 )Shares are held by Montecito Venture Partners, LLC, which Reporting Person serves on the board of managers.
( 5 )Shares are held by West Coast Opportunity Fund, LLC for the benefit of its members. The members are the beneficial owners of the shares reported herein. Some of the members are affiliated with the Reporting Person. The investments held by West Coast Opportunity Fund, LLC are managed by West Coast Asset Management, Inc. Reporting Person serves on the investment committee of West Coast Asset Management, Inc.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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