Enservco Corp | 2013 | FY | 3

A summary of warrant activity for the years ended December 31, 2013 and 2012 is as follows:
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
Warrants
 
Shares
 
Price
 
Life (Years)
 
Value
 
 
 
 
 
 
 
 
 
 
 
Outstanding at January 1, 2012
 
325,000
 
$
0.58
 
3.1
 
$
144,150
 
Issued for services
 
874,456
 
 
0.55
 
 
 
 
 
 
Issued for private placement
 
4,960,714
 
 
0.55
 
 
 
 
 
 
Exercised
 
-
 
 
-
 
 
 
 
 
 
Forfeited/cancelled
 
-
 
 
-
 
 
 
 
 
 
Outstanding at December 31, 2012
 
6,160,170
 
$
0.55
 
4.7
 
$
1,194,932
 
Issued
 
-
 
 
-
 
 
 
 
 
 
Exercised
 
(3,502,456)
 
 
0.55
 
 
 
 
 
 
Forfeited/Cancelled
 
-
 
 
-
 
 
 
 
 
 
Outstanding at December 31, 2013
 
2,657,714
 
$
0.55
 
3.7
 
$
3,359,170
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2013
 
2,657,714
 
$
0.55
 
3.7
 
$
3,359,170
 

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