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 OF SECURITIES
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DENNY REGINALD
2. Issuer Name and Ticker or Trading Symbol

ARKANOVA ENERGY CORP. [ AKVA ]
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)

14 NIGHT RAIN COURT
3. Date of Earliest Transaction (MM/DD/YYYY)

12/2/2009
(Street)

THE WOODLANDS, TX 77381
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 Shares   12/2/2009     X    150000   A $0.10   165000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Stock Options   (1) $0.10   12/2/2009     X         150000    10/18/2007   (2) 10/18/2012   common   50000   $0.10   50000   D    
Stock Options   (1) $0.39                    6/19/2008   6/19/2013   common   300000     350000   D    
Stock Options   (1) $0.12                    11/19/2008   11/19/2013   common   100000     450000   D    
Stock Options   (3) $0.20                    10/14/2009   10/14/2014   common   350000     800000   D    

Explanation of Responses:
( 1)  Granted under the 2007 Stock Option Plan
( 2)  Pursuant to an amended stock option agreement dated November 14, 2008, the options were repriced from $1.70 to $0.10, effective November 14, 2008, and the vesting schedule was modified so that 100,000 stock options vested on October 18, 2007 and 100,000 stock options vested on November 14, 2008.
( 3)  Granted under the Amended Stock Option Plan

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DENNY REGINALD
14 NIGHT RAIN COURT
THE WOODLANDS, TX 77381


Chief Financial Officer

Signatures
/s/ Reginald Denny 12/2/2009
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Arkanova Energy (CE) (USOTC:AKVA)
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부터 1월(1) 2025 으로 2월(2) 2025 Arkanova Energy (CE) 차트를 더 보려면 여기를 클릭.
Arkanova Energy (CE) (USOTC:AKVA)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025 Arkanova Energy (CE) 차트를 더 보려면 여기를 클릭.