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 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FALLAT DALE W
2. Issuer Name and Ticker or Trading Symbol

GREENSHIFT CORP [ GERS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

6704 REGENTS PARK DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

1/2/2013
(Street)

ZIONSVILLE, IN 46077
(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 Stock   1/2/2013     P (1) (2)    711000   A $0.0324   (3) 11841728   D    
Common Stock   1/3/2013     P    931000   A $0.0368   (4) 12772728   D    
Common Stock   1/4/2013     P    10000   A $0.0375   12782728   D    
Common Stock   1/4/2013     S    435000   D $0.0421   (5) 12347728   D    
Common Stock   1/7/2013     P    661000   A $0.0350   13008728   D    
Common Stock   1/8/2013     P    120000   A $0.0340   (6) 13128728   D    
Common Stock   1/9/2013     S    281400   D $0.0326   (7) 12847328   D    
Common Stock   1/10/2013     P    435000   A $0.0339   (8) 13282328   D    
Common Stock   1/10/2013     S    10000   D $0.0340   13272328   D    
Common Stock   1/11/2013     P    920000   A $0.0297   (9) 14192328   D    
Common Stock   1/14/2013     P    20000   A $0.0290   14212328   D    
Common Stock   1/14/2013     S    148000   D $0.0281   (10) 14064328   D    
Common Stock   1/15/2013     P    10000   A $0.0289   14074328   D    
Common Stock   1/15/2013     S    75000   D $0.0251   13999328   D    
Common Stock   1/16/2013     P    41902   A $0.0269   (11) 14041230   D    
Common Stock   1/17/2013     P    1330080   A $0.0258   (12) 15371310   D    
Common Stock   1/18/2013     P    15000   A $0.0270   15386310   D    
Common Stock   1/22/2013     P    30000   A $0.0253   (13) 15416310   D    
Common Stock   1/22/2013     S    82000   D $0.0264   (14) 15334310   D    
Common Stock   1/23/2013     P    21000   A $0.0260   15355310   D    
Common Stock   1/23/2013     S    18000   D $0.0255   15337310   D    
Common Stock   1/24/2013     P    1580530   A $0.0230   (15) 16917840   D    
Common Stock   1/24/2013     S    650040   D $0.0224   (16) 16267800   D    
Common Stock   1/25/2013     P    1255000   A $0.0232   (17) 17522800   D    
Common Stock   1/25/2013     S    4000   D $0.0240   17518800   D    
Common Stock   1/28/2013     P    800000   A $0.0249   (18) 18318800   D    
Common Stock   1/29/2013     S    5000   D $0.0250   18313800   D    
Common Stock   1/30/2013     P    100000   A $0.0210   (19) 18413800   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

Explanation of Responses:
( 1)  The reporting person purchased 50,075 shares of Greenshift Corporation common stock on 11/14/2012 and, as a result, became a greater than 10% owner of Greenshift Corporation common stock.
( 2)  The sales of common stock by Mr. Fallat were matchable under Section 16(b) of the Securities Exchange Act of 1934 ("Section 16(b)") with the purchases by Mr. Fallat of 2,312,383 shares of common stock from November 14, 2012 through February 11, 2013. Mr. Fallat paid $16,008.17 to the Company in accordance with Section 16(b), representing deemed profit from the sales matchable with such purchases, calculated pursuant to Section 16(b). These matchable transactions are reported on several Forms 4 and Forms 5 filed today.
( 3)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0300 to $0.0340, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 4)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0310 to $0.0440, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 5)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0400 to $0.0431, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 6)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0320 to $0.0340, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 7)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0300 to $0.0350, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 8)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0300 to $0.0350, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 9)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0280 to $0.0300, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 10)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0250 to $0.0310, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 11)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0269 to $0.0275, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 12)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0250 to $0.0290, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 13)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0250 to $0.0260, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 14)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0260 to $0.0270, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 15)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0220 to $0.0250, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 16)  The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.0205 to $0.0230, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
( 17)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0200 to $0.0250, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 18)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0230 to $0.0250, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 19)  The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.0200 to $0.0220, inclusive. The reporting person undertakes to provide Greenshift Corporation, any security holder of Greenshift Corporation, or the staff of the Securities and Exchange Commmission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FALLAT DALE W
6704 REGENTS PARK DRIVE
ZIONSVILLE, IN 46077

X


Signatures
/s/ Dale W. Fallat 8/14/2013
** 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.
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