SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BAILEY ROBERT V

(Last) (First) (Middle)
C/O ENSERVCO CORPORATION
830 TENDERFOOD HILL ROAD, SUITE 310

(Street)
COLORADO SPRINGS CO 80906

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Enservco Corp [ ENSV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/17/2010
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 1,219,635(1) D
Common Stock 11,220(2) I By Wife
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Option(3) $2.14 09/30/2011 J 66,667 09/30/2008 02/27/2013 Common Stock 36,240 $0 36,240 D
Options(4) $0.41 07/27/2010 02/15/2015 Common Stock 100,000 136,240 D
Explanation of Responses:
1. Includes 3,959 shares held jointly with Mr. Bailey's spouse. On the most recent Form 4/A filed by Mr. Bailey on October 8, 2010 that form incorrectly listed the total number of shares directly held by Mr. Bailey as being 1,241,776.
2. On the most recent Form 4/A filed by Mr. Bailey on October 8, 2010 that form incorrectly listed the total number of shares held by Mr. Bailey' spouse as being 16,320. For the purposes of Section 16(b) of the Securities Exchange Act of 1934 Mr. Bailey disclaims beneficial ownership of the shares of stock held by his spouse.
3. On February 27, 2008 Mr. Bailey was granted an option to purchase 200,000 shares of common stock pursuant to the 2008 Equity Plan. 1/3 of the shares were to vest on each September 30, 2008, 2009 and 2010 if certain performance criteria are met. On September 30, 2008, 36,240 of the options were deemed earned, and 30,427 were deemed unearned; on September 30, 2009, 66,667 of the options were deemed unearned; and on September 30, 2010, 66,667 were deemed unearned. The grant of this option, as well and its vesting terms have been previously reported.
4. Options granted pursuant to the 2008 Equity Plan. This option was deemed vested in full as of July 27, 2010 after the vesting criteria were deemed met by the Board of Directors. The grant of this option was previously reported.
Remarks:
/s/ R. V. Bailey 03/30/2011
** Signature of Reporting Person Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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