Sec Form 4 Filing - Bolton George Dennis @ BLUE BIOFUELS, INC. - 2024-12-31

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 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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1. Name and Address of Reporting Person Bolton George Dennis 2. Issuer Name and Ticker or Trading Symbol BLUE BIOFUELS, INC. [ BIOF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 116 SIGNATURE DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 12/31/2024 (Street) MELBOURNE BEACH,, FL32951 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Call Option $ 0.11 01/08/2025 A 231,667 02/28/2025 12/11/2034 Stock 231,667 $ 0 1,131,667 D Call Option $ 0.19 01/08/2025 A 100,000 03/01/2025 03/01/2033 Stock 100,000 $ 0 1,231,667 D Call Option $ 0.2 01/02/2025 A V 500,000 ( 1 ) 03/01/2033 Stock 500,000 $ 0 1,731,667 D Call Option $ 0.11 01/02/2025 A V 289,583 ( 1 ) 12/11/2034 Stock 289,583 $ 0 2,021,250 D Call Option $ 0.19 01/02/2025 A V 1,000,000 ( 2 ) 03/01/2025 Stock 1,000,000 $ 0 3,021,250 D Call Option $ 0.11 01/02/2025 A V 579,167 ( 2 ) 03/01/2025 Stock 579,167 $ 0 3,600,417 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Bolton George Dennis 116 SIGNATURE DRIVE MELBOURNE BEACH,, FL32951 X Signatures /s/ George Bolton 01/10/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The options above with a (1) exercisable date vest upon the sooner of the production of biofuels by the Company or the uplisting of the Company's common stock to a major exchange. ( 2 )The options above with a (2) exercisable date vest upon the obtainment of an offtake agreement for the Company by Reporting Person.

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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