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*
Hofheinz James Fred

(Last) (First) (Middle)
2000 BERING DRIVE
SUITE 909

(Street)
HOUSTON TX 77057

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LUCAS ENERGY, INC. [ AMEX:LEI ]
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)
01/10/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 01/10/2011 A 12,000 A $0 (1) 804,020 (2) 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 (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
Warrants to Purchase Shares of Common Stock $1 08/31/2009 08/31/2012 Common Stock 83,334 107,334 D
Stock Options $2.07 01/10/2011 A 6,000 01/10/2011 10/07/2020 Common Stock 6,000 $0 (1) 107,334 D
Stock Options $2.07 01/10/2011 A 6,000 01/10/2011 10/07/2020 Common Stock 6,000 $0 (1) 107,334 D
Stock Options $2.07 01/10/2011 A 6,000 01/10/2011 10/07/2020 Common Stock 6,000 $0 (1) 107,334 D
Stock Options $2.07 01/10/2011 A 6,000 03/31/2011 10/07/2020 Common Stock 6,000 $0 (1) 107,334 D
Explanation of Responses:
1. On October 7, 2010, the Issuer's Board of Directors approved the issuance of 12,000 shares of common stock and 24,000 options to purchase shares of common stock to each Director of the Company, including Mr. Hofheinz, in consideration for services to be rendered to the Issuer during the April 1, 2010 to March 31, 2011 fiscal year, which options had an exercise price of $2.07 per share and vest in tranches of 1/4th of such options per quarter pursuant to the Plan, which issuances and grants were ratified by the Issuer's shareholders at its Annual Meeting of Stockholders held on January 10, 2011.
2. Excludes indirect partial ownership (due to Mr. Hofheinz's ownership of approximately 25.2% of El Tex Petroleum LLC) of 637,887 shares owned by El Tex Petroleum LLC.
/s/ James Fred Hofheinz 01/27/2011
** 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).
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