Sec Form 4/A Filing - Evanoff Nicolas J @ CAMAC Energy Inc. - 2014-03-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
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
Evanoff Nicolas J
2. Issuer Name and Ticker or Trading Symbol
CAMAC Energy Inc. [ CAK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
General Counsel SR VP
(Last) (First) (Middle)
1330 POST OAK BLVD., SUITE 2250
3. Date of Earliest Transaction (MM/DD/YY)
03/21/2014
(Street)
HOUSTON, TX77056
4. If Amendment, Date Original Filed (MM/DD/YY)
03/25/2014
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 03/21/2014 M 58,500 ( 1 ) A $ 0.324 ( 2 ) 1,291,115 ( 3 ) D
Common Stock 03/21/2014 S 58,500 D $ 0.86 1,232,615 ( 3 ) 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
Incentive Stock Option (Right to Buy) $ 0.324 03/21/2014 M 55,728 09/07/2012 09/07/2016 Common Stock 55,728 $ 0 3,434,947 ( 4 ) D
Incentive Stock Option (Right to Buy) $ 0.324 03/21/2014 M 2,772 09/07/2013 09/07/2016 Common Stock 2,772 $ 0 3,432,175 ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Evanoff Nicolas J
1330 POST OAK BLVD., SUITE 2250
HOUSTON, TX77056
General Counsel SR VP
Signatures
/s/ Nicolas J. Evanoff 04/02/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Issued upon exercise of incentive stock options granted to Reporting Person under the Issuer 2009 Equity Incentive Plan.
( 2 )Corresponds to the exercise price of the stock option.
( 3 )This aggregate total is as adjusted due to a stock dividend paid on February 21, 2014.(Amended to reflect actual beneficial ownership of Reporting Person following reported transaction.)
( 4 )This aggregate total includes 800,000 granted on September 7, 2011, 280,000 granted on February 29, 2012, 419,586 granted on April 8, 2013, as adjusted due to a stock dividend paid on February 21, 2014, and a grant of 433,036 shares on February 21, 2014.

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