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*
BLACK LEON D

(Last) (First) (Middle)
9 WEST 57TH STREET
SUITE 4300

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ENVIRONMENTAL SOLUTIONS WORLDWIDE INC [ ESWW.OB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/10/2010
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 12/10/2010 C(5) 394,958 A (5) 6,274,211(1)(2) D
Common Stock 12/10/2010 C(5) 789,917 A (5) 15,624,615(1)(3) D
Common Stock 12/10/2010 C(5) 1,368,956 A (5) 20,341,516(1)(4) 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
Explanation of Responses:
1. Each of the Reporting Persons disclaims beneficial ownership of the securities owned by any of the other Reporting Persons. Each filer disclaims being a member of a Section 13(d) "group".
2. These securities are directly beneficially owned by Leon D. Black.
3. These securities are directly beneficially owned by the Black Family 1997 Trust (the "1997 Trust"). Although Mr. Black disclaims beneficial ownership, he may be deemed to indirectly beneficially own these securities that are directly beneficially owned by the 1997 Trust.
4. These securities are directly beneficially owned in equal parts by each of the Leon D. Black Trust UAD 11/30/02 FBO Alexander Black, the Leon D. Black Trust UAD 11/30/02 FBO Benjamin Black, the Leon D. Black Trust UAD 11/30/02 FBO Joshua Black and the Leon D. Black Trust UAD 11/30/02 FBO Victoria Black.
5. The Reporting Persons received from the Issuer the shares of Common Stock in the transactions referred to on this Form 4 as an inducement premium (without payment of any additional consideration) received by all debenture holders of the Issuer for early conversion of their debentures as issued by the Issuer. Additional details concerning this inducement premium can be found in the Issuer's current report on form 8-K filed with the Securities and Exchange Commission on December 6, 2010.
Remarks:
Exhibit List Exhibit 99.1 - Joint Filer Information
/s/ See signatures attached as Exhibit 99.1 12/22/2010
** 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 Number.