Sec Form 4 Filing - FALLAT DALE W @ GREENSHIFT CORP - 2013-01-02

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 FALLAT DALE W 2. Issuer Name and Ticker or Trading Symbol GREENSHIFT CORP [ GERS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 6704 REGENTS PARK DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 01/02/2013 (Street) ZIONSVILLE, IN46077 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 01/02/2013 P( 1 )( 2 ) 711,000 A $ 0.0324 ( 3 ) 11,841,728 D Common Stock 01/03/2013 P 931,000 A $ 0.0368 ( 4 ) 12,772,728 D Common Stock 01/04/2013 P 10,000 A $ 0.0375 12,782,728 D Common Stock 01/04/2013 S 435,000 D $ 0.0421 ( 5 ) 12,347,728 D Common Stock 01/07/2013 P 661,000 A $ 0.035 13,008,728 D Common Stock 01/08/2013 P 120,000 A $ 0.034 ( 6 ) 13,128,728 D Common Stock 01/09/2013 S 281,400 D $ 0.0326 ( 7 ) 12,847,328 D Common Stock 01/10/2013 P 435,000 A $ 0.0339 ( 8 ) 13,282,328 D Common Stock 01/10/2013 S 10,000 D $ 0.034 13,272,328 D Common Stock 01/11/2013 P 920,000 A $ 0.0297 ( 9 ) 14,192,328 D Common Stock 01/14/2013 P 20,000 A $ 0.029 14,212,328 D Common Stock 01/14/2013 S 148,000 D $ 0.0281 ( 10 ) 14,064,328 D Common Stock 01/15/2013 P 10,000 A $ 0.0289 14,074,328 D Common Stock 01/15/2013 S 75,000 D $ 0.0251 13,999,328 D Common Stock 01/16/2013 P 41,902 A $ 0.0269 ( 11 ) 14,041,230 D Common Stock 01/17/2013 P 1,330,080 A $ 0.0258 ( 12 ) 15,371,310 D Common Stock 01/18/2013 P 15,000 A $ 0.027 15,386,310 D Common Stock 01/22/2013 P 30,000 A $ 0.0253 ( 13 ) 15,416,310 D Common Stock 01/22/2013 S 82,000 D $ 0.0264 ( 14 ) 15,334,310 D Common Stock 01/23/2013 P 21,000 A $ 0.026 15,355,310 D Common Stock 01/23/2013 S 18,000 D $ 0.0255 15,337,310 D Common Stock 01/24/2013 P 1,580,530 A $ 0.023 ( 15 ) 16,917,840 D Common Stock 01/24/2013 S 650,040 D $ 0.0224 ( 16 ) 16,267,800 D Common Stock 01/25/2013 P 1,255,000 A $ 0.0232 ( 17 ) 17,522,800 D Common Stock 01/25/2013 S 4,000 D $ 0.024 17,518,800 D Common Stock 01/28/2013 P 800,000 A $ 0.0249 ( 18 ) 18,318,800 D Common Stock 01/29/2013 S 5,000 D $ 0.025 18,313,800 D Common Stock 01/30/2013 P 100,000 A $ 0.021 ( 19 ) 18,413,800 D

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 FALLAT DALE W 6704 REGENTS PARK DRIVE ZIONSVILLE, IN46077 X Signatures /s/ Dale W. Fallat 08/14/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person purchased 50,075 shares of Greenshift Corporation common stock on 11/14/2012 and, as a result, became a greater than 10% owner of Greenshift Corporation common stock. ( 2 )The sales of common stock by Mr. Fallat were matchable under Section 16(b) of the Securities Exchange Act of 1934 ("Section 16(b)") with the purchases by Mr. Fallat of 2,312,383 shares of common stock from November 14, 2012 through February 11, 2013. Mr. Fallat paid $16,008.17 to the Company in accordance with Section 16(b), representing deemed profit from the sales matchable with such purchases, calculated pursuant to Section 16(b). These matchable transactions are reported on several Forms 4 and Forms 5 filed today. ( 3 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0300 to $0.0340, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 4 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0310 to $0.0440, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 5 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0400 to $0.0431, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 6 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0320 to $0.0340, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 7 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0300 to $0.0350, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 8 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0300 to $0.0350, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 9 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0280 to $0.0300, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 10 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0250 to $0.0310, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 11 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0269 to $0.0275, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 12 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0250 to $0.0290, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 13 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0250 to $0.0260, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 14 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0260 to $0.0270, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the sta ff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 15 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0220 to $0.0250, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 16 )The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0205 to $0.0230, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. ( 17 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0200 to $0.0250, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 18 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0230 to $0.0250, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. ( 19 )The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0200 to $0.0220, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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