Sec Form 4 Filing - Sellers Richard @ Vu1 CORP - 2011-10-14

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 Sellers Richard 2. Issuer Name and Ticker or Trading Symbol Vu1 CORP [ VUOCD] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) > 5% Ownership (Last) (First) (Middle) 24 ROY STREET (#421) 3. Date of Earliest Transaction (MM/DD/YY) 10/14/2011 (Street) SEATTLE, WA98109 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 10/14/2011 S 18,000 D $ 0.375 11,723,869 D Common Stock 10/17/2011 S 72,000 D $ 0.38 11,651,869 D Common Stock 10/31/2011 S 3,500 D $ 0.38 11,648,369 D Common Stock 11/10/2011 S 19,070 D $ 0.39 11,629,299 D Common Stock 11/14/2011 S 15,000 D $ 0.39 11,614,299 ( 1 ) D Common Stock 12/08/2011 S 1,050 D $ 5.25 579,665 ( 2 ) D Common Stock 12/09/2011 S 1,220 D $ 5.2 578,445 D Common Stock 12/16/2011 S 1,736 D $ 4.865 576,709 D Common Stock 12/21/2011 S 6,550 D $ 4.38 570,159 D Common Stock 12/22/2011 S 2,500 D $ 4.21 567,659 D Common Stock 12/23/2011 S 500 D $ 4.2 567,159 D Common Stock 01/23/2012 01/23/2012 S 165,000 ( 3 ) D 402,159 ( 4 ) 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 Sellers Richard 24 ROY STREET (#421) SEATTLE, WA98109 > 5% Ownership Signatures Richard Sellers 01/23/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Consists of (a) 8,834,420 shares of Vu1 Corporation common stock and (b) 2,779,879 shares of Vu1 Corporation common stock that Mr. Sellers has the right to acquire pursuant to currently exercisable options and warrants. ( 2 )Mr. Sellers total beneficial ownership was adjusted per the 20:1 reverse split that went into effect on November 20, 2011, as discolsed in the company 8-k filing on November 16, 2011. ( 3 )Mr. Sellers has been informed by federal authorities that the company he received loans from sold all 165,000 shares given as collateral into the open market. This action by the loan company was in violation of the loan agreements and they did not have any other right to sell his shares. Because of this action by the loan company, Mr. Sellers no longer has beneficial ownership of these shares. The loan company is currently under criminal investigation by the federal authorities for this action. ( 4 )Consists of (a) 263,165 shares of Vu1 Corporation common stock and (b) 138,994 shares of Vu1 Corporation common stock that Mr. Sellers has the right to acquire pursuant to currently exercisable options and warrants.

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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