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 *

Zayed Nidal Z. 		2. Issuer Name and Ticker or Trading Symbol

Pernix Group, Inc. [ PRXG ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

271 LOVELAND DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

10/3/2014
(Street)

GLENDALE HEIGHTS, IL 60139
(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

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
Stock options - (right to buy)     (1) 9/8/2014   9/8/2014   A      333334       9/8/2015   9/8/2024   (2) Pernix Group, Inc. Common Stock   333334     (1) 603334   D    
Stock options - (right to buy)     (1) 9/8/2014   9/8/2014   A      333333       9/8/2016   9/8/2024   (2) Pernix Group, Inc. Common Stock   333333     (1) 936667   D    
Stock options - (right to buy)     (1) 9/8/2014   9/8/2014   A      333333       9/8/2017   9/8/2024   (2) Pernix Group, Inc. Common Stock   333333     (1) 1270000   D    

Explanation of Responses:
( 1)  (1) Exercise price per option is the fair market value ("FMV") of one share of Pernix Group, Inc. Common Stock on the grant date, September 8, 2014. The FMV is yet to be determined as the stock is not actively traded at this time. FMV will be determined using a black-scholes model.
( 2)  (2) The expiration date is the earlier of 10 years from the date of grant or on the plan expiration date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Zayed Nidal Z.
271 LOVELAND DRIVE
GLENDALE HEIGHTS, IL 60139 		X
Chief Executive Officer

Signatures
Carol J. Groeber, Attorney-in-fact 10/3/2014
** 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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