Sec Form 4 Filing - KLEINLEIN BRYAN A @ Lithium Exploration Group, Inc. - 2014-02-25

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
KLEINLEIN BRYAN A
2. Issuer Name and Ticker or Trading Symbol
Lithium Exploration Group, Inc. [ LEXG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
3200 N HAYDEN ROAD, SUITE 235
3. Date of Earliest Transaction (MM/DD/YY)
02/25/2014
(Street)
SCOTTSDALE, AZ85251
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 385,920 D
Common Stock 02/25/2014 S 211,268 D $ 0.0498 174,652 D
Common Stock 02/27/2014 S 134,329 D $ 0.0545 40,323 D
Common Stock 03/01/2014 J( 1 ) 160,715 A $ 0.056 201,038 D
Common Stock 03/14/2014 S 160,715 D $ 0.0686 40,323 D
Common Stock 04/01/2014 J( 1 ) 134,933 A $ 0.0667 175,256 D
Common Stock 05/01/2014 J( 1 ) 191,490 A $ 0.047 366,746 D
Common Stock 05/12/2014 S 134,933 D $ 0.0455 231,813 D
Common Stock 06/01/2014 J( 1 ) 163,044 A $ 0.0552 394,857 D
Common Stock 06/03/2014 S 75,000 D $ 0.046 319,857 D
Common Stock 07/01/2014 J( 1 ) 199,557 A $ 0.0451 519,414 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
KLEINLEIN BRYAN A
3200 N HAYDEN ROAD
SUITE 235
SCOTTSDALE, AZ85251
Chief Financial Officer
Signatures
Bryan Kleinlein 07/07/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares paid pursuant to a consulting agreement with International Compass, LLC for the services of Bryan Kleinlein as Chief Financial Officer of our company for the term of the agreement is four months. As part or full compensation for the month, Lithium Exploration Group, Inc. agreed to pay the shares previously registered on Form S-8 on January 30, 2013. The value of the shares of our company issued as compensation, if any, shall be based on the weighted average trading price of the shares of our company in the five (5) trading days immediately preceding the date(s) which the shares were due.

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