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*
GENDELL JEFFREY L ET AL

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BROADWIND ENERGY, INC. [ BWEN ]
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)
05/17/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/17/2010
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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, $0.001 par value per share 05/17/2010 J(3)(4) 8,501,122(4) D $0 31,462,513(4) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 3,501,238(4) D $0 27,961,275(4) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 3,817,230(4) D $0 24,144,045(4) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 1,628,963(4) D $0 22,515,082(4) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 2,484,055(4) D $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 6,944,731(4) D $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 6,944,731(4) A $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 6,347,171(4) D $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 6,347,171(4) A $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 409,455(4) D $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 409,455(4) A $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 6,068(4) D $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
Common Stock, $0.001 par value per share 05/17/2010 J(3)(4) 6,068(4) A $0 20,031,027(4)(5) I See Footnotes(1)(2)(3)(4)(5)(6)
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
1. Name and Address of Reporting Person*
GENDELL JEFFREY L ET AL

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
TONTINE CAPITAL PARTNERS L P

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
TONTINE CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Tontine Capital Overseas Master Fund, L.P.

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Tontine Capital Overseas GP, LLC

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
TONTINE PARTNERS L P

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
TONTINE MANAGEMENT LLC

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
TONTINE OVERSEAS ASSOCIATES LLC

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Tontine 25 Overseas Master Fund, L.P.

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This amendment is filed jointly by Tontine Capital Partners, L.P., a Delaware limited partnership ("TCP"), Tontine Capital Management, L.L.C., a Delaware limited liability company ("TCM"), Tontine Capital Overseas GP, L.L.C., a Delaware limited liability company ("TCO"), Tontine Capital Overseas Master Fund, L.P., a Cayman Islands limited partnership ("TMF"), Tontine Partners, L.P., a Delaware limited partnership ("TP"), Tontine Management, L.L.C., a Delaware limited liability company ("TM"), Tontine 25 Overseas Master Fund, L.P., a Cayman Islands limited partnership ("T25"), [continued in Footnote (2)]
2. [continued from Footnote (1)] Tontine Overseas Associates, L.L.C., a Delaware limited liability company ("TOA"), Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA"), Tontine Power Partners, L.P., a Delaware limited partnership ("TPP"), Tontine Associates, L.L.C., a Delaware limited liability company ("TA") and Jeffrey L. Gendell ("Mr. Gendell").
3. On a Form 4 filed on May 17, the filing parties incorrectly reported that (i) TCP was distributing 8,507,346 shares of Common Stock to investors that are not directly or indirectly controlled by Mr. Gendell ("Non-Tontine Parties"), (ii) TP was distributing 3,557,307 shares of Common Stock to Non-Tontine Parties, (iii) TMF was distributing 3,817,230 shares of Common Stock to Non-Tontine Parties, (iv) TOF was distributing 1,635,031 shares of Common Stock to Non-Tontine Parties (v) T25 was distributing 2,495,921 shares of Common Stock to Non-Tontine Parties, (vi) TCP was distributing 6,938,507 shares of Common Stock to TCP 2, (vii) TP was distributing 6,291,102 shares of Common Stock to TCP 2, and (viii) T25 was distributing 397,589 shares of Common Stock to TCP 2. [continued in Footnote (4)]
4. [continued from Footnote (3)] The correct amounts distributed were as follows: (i) TCP distributed 8,501,122 shares of Common Stock to Non-Tontine Parties, (ii) TP distributed 3,501,238 shares of Common Stock to Non-Tontine Parties, (iii) TMF distributed 3,817,230 shares of Common Stock to Non-Tontine Parties, (iv) TOF distributed 1,628,963 shares of Common Stock to Non-Tontine Parties (v) T25 distributed 2,484,055 shares of Common Stock to Non-Tontine Parties, (vi) TCP distributed 6,944,731 shares of Common Stock to TCP 2, (vii) TP distributed 6,347,171 shares of Common Stock to TCP 2, (viii) T25 distributed 409,455 shares of Common Stock to TCP 2, and (ix) TOF distributed 6,068 shares of Common Stock to TCP 2.
5. After the completion of the transactions reported on the Form 4 filed May 17, 2010, Mr. Gendell, TCP, TMF, TP, TOF, T25 and TAA directly owned 0 shares of Common Stock, TCM directly owned 583,150 shares of Common Stock, TCO directly owned 16,975 shares of Common Stock, TM directly owned 967,951 shares of Common Stock, TOA directly owned 1,517,487 shares of Common Stock, TCP 2 directly owned 16,030,682 shares of Common Stock, TPP directly owned 57,319 shares of Common Stock and TA directly owned 857,463 shares of Common Stock.
6. This filing relates to the same transaction reported on the Form 4 filed on May 17, 2010, and amended on the date hereof, by TCP 2, TAA, TPP and TA, all of which are joint filers with TCP, TCM, TMF, TCO, TP, TM, TOA, T25 and Mr. Gendell with respect to the Issuer's Common Stock.
Tontine Capital Partners, L.P., By: its General Partner, Tontine Capital Management, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine Capital Management, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine Capital Overseas Master Fund, L.P. By: its General Partner, Tontine Capital Overseas GP, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine Capital Overseas GP, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine Partners, L.P., By: its General Partner, Tontine Management, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine Management, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine Overseas Associates, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
Tontine 25 Overseas Master Fund, L.P., By: its General Partner, Tontine Capital Management, L.L.C., By: its Managing Member, /s/ Jeffrey L. Gendell 01/06/2011
/s/ Jeffrey L. Gendell 01/06/2011
** 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).
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