Edgar Filing: GOLDFIELD CORP

Ownership Submission

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

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(h) of the Investment Company Act of 1940

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

ELLBAR PARTNERS MANAGEMENT, LLC

2. Issuer Name and Ticker or Trading Symbol
GOLDFIELD CORP [GV]

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)

15 E 5TH STREET-SUITE 3200

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2014

(Street)

TULSA, OK 74103

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/21/2014		S		30,075	D	$ 2.2	2,736,783 ⁽¹⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		500	D	$ 2.2125	2,736,283 ⁽²⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		8,300	D	$ 2.215	2,727,983 ⁽³⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		300	D	$ 2.216	2,727,683 ⁽⁴⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		4,735	D	$ 2.225	2,722,948 ⁽⁵⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		5,450	D	$ 2.23	2,717,498 ⁽⁶⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		640	D	$ 2.235	2,716,858 ⁽⁷⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		1,928	D	$ 2.205	2,714,930 ⁽⁸⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		300	D	$ 2.208	2,714,630 ⁽⁹⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		20,750	D	$ 2.21	2,693,880 ⁽¹⁰⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		36,289	D	$ 2.22	2,657,591 ⁽¹¹⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		260	D	$ 2.235	2,657,331 ⁽¹²⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		3,637	D	$ 2.24	2,653,694 ⁽¹³⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		2,300	D	$ 2.245	2,651,394 ⁽¹⁴⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		15,450	D	$ 2.25	2,635,944 ⁽¹⁵⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		1,100	D	$ 2.26	2,634,844 ⁽¹⁶⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		100	D	$ 2.266	2,634,744 ⁽¹⁷⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		1,019	D	$ 2.27	2,633,725 ⁽¹⁸⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		16,367	D	$ 2.28	2,617,358 ⁽¹⁹⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC
Common Stock	11/21/2014		S		500	D	$ 2.285	2,616,858 ⁽²⁰⁾	I	By Boston Avenue Capital LLC and Yorktown Avenue Capital, LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ELLBAR PARTNERS MANAGEMENT, LLC 15 E 5TH STREET-SUITE 3200 TULSA, OK 74103		X
Adelson James F 15 EAST 5TH STREET, SUITE 3200 TULSA, OK 74103		X
Heyman Stephen J 15 EAST 5TH STREET, SUITE 3200 TULSA, OK 74103		X

Signatures

Paula L Skidmore, Attorney-in-Fact for the Reporting Persons		11/25/2014
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	These shares include 1,620,009 shares owned by Boston Avenue Capital LLC ("Boston"), and 1,116,774 shares owned by Yorktown Avenue Capital, LLC ("Yorktown").
(2)	These shares include 1,619,509 shares owned by Boston, and 1,116,774 shares owned by Yorktown.
(3)	These shares include 1,611,209 shares owned by Boston, and 1,116,774 shares owned by Yorktown.
(4)	These shares include 1,610,909 shares owned by Boston, and 1,116,774 shares owned by Yorktown.
(5)	These shares include 1,606,174 shares owned by Boston, and 1,116,774 shares owned by Yorktown.
(6)	These shares include1,600,724 shares owned by Boston, and 1,116,774 shares owned by Yorktown.
(7)	These shares include 1,600,084 shares owned by Boston, and 1,116,774 shares owned by Yorktown.
(8)	These shares include 1,600,084 shares owned by Boston, and 1,114,846 shares owned by Yorktown.
(9)	These shares include 1,600,084 shares owned by Boston, and 1,114,546 shares owned by Yorktown.
(10)	These shares include 1,600,084 shares owned by Boston, and 1,093,796 shares owned by Yorktown.
(11)	These shares include 1,600,084 shares owned by Boston, and 1,057,507 shares owned by Yorktown.
(12)	These shares include 1,600,084 shares owned by Boston, and 1,057,247 shares owned by Yorktown.
(13)	These shares include 1,600,084 shares owned by Boston, and 1,053,610 shares owned by Yorktown.
(14)	These shares include 1,600,084 shares owned by Boston, and 1,051,310 shares owned by Yorktown.
(15)	These shares include 1,600,084 shares owned by Boston, and 1,035,860 shares owned by Yorktown.
(16)	These shares include 1,600,084 shares owned by Boston, and 1,034,760 shares owned by Yorktown.
(17)	These shares include 1,600,084 shares owned by Boston, and 1,034,660 shares owned by Yorktown.
(18)	These shares include 1,600,084 shares owned by Boston, and 1,033,641 shares owned by Yorktown.
(19)	These shares include 1,600,084 shares owned by Boston, and 1,017,274 shares owned by Yorktown.
(20)	These shares include 1,600,084 shares owned by Boston, and 1,016,774 shares owned by Yorktown.
Remarks: This is a joint filing by Ellbar Partners Management, LLC ("EPM"), James F. Adelson and Stephen J. Heyman. EPM is the sole Manager of Boston Avenue Capital LLC ("Boston") and Yorktown Avenue Capital, LLC ("Yorktown"). Messrs. Adelson and Heyman are the joint Managers of EPM. Boston and Yorktown have sole direct voting and dispositive power over their respective securities. EPM, and Messrs. Adelson and Heyman disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.

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