-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MYWi1vrkKm0j0rb61Z8ExyOn+7aBNH7uOhMmxDY6e8jJS5YnKCxVeitjKNnGVv+9 sYKO/COxARpYtfUiQc0Psw== 0001019687-07-002782.txt : 20070824 0001019687-07-002782.hdr.sgml : 20070824 20070824164726 ACCESSION NUMBER: 0001019687-07-002782 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070824 DATE AS OF CHANGE: 20070824 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Akeena Solar, Inc. CENTRAL INDEX KEY: 0001347452 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 205132054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82928 FILM NUMBER: 071078892 BUSINESS ADDRESS: STREET 1: 605 UNIVERSITY AVENUE CITY: LOS GATOS STATE: CA ZIP: 95032 BUSINESS PHONE: 408-395-7774 MAIL ADDRESS: STREET 1: 605 UNIVERSITY AVENUE CITY: LOS GATOS STATE: CA ZIP: 95032 FORMER COMPANY: FORMER CONFORMED NAME: Fairview Energy Corporation, Inc. DATE OF NAME CHANGE: 20051220 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Quercus Trust CENTRAL INDEX KEY: 0001403463 IRS NUMBER: 552829330 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2309 SANTIAGO DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 310-201-7481 MAIL ADDRESS: STREET 1: 2309 SANTIAGO DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 SC 13D/A 1 gelbaum_13da1-akeena.txt AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (AMENDMENT NO. 1) UNDER THE SECURITIES EXCHANGE ACT OF 1934 Akeena Solar, Inc. (Name of Issuer) Common Stock, par value $0.001 (Title of Class of Securities) 009720103 (CUSIP Number) Kathryn Klinedinst, Esq. Greenberg Glusker Fields Claman & Machtinger LLP 1900 Avenue of the Stars, Suite 2100 Los Angeles, CA 90067 (310) 201-7576 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 24, 2007 (Date of Event which Requires Filing of this Statement) If the reporting person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box / /. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person David Gelbaum, Trustee, The Quercus Trust (2) Check the Appropriate Box if a Member of a Group (See Instructions) (A) /X/ (B) / / (3) SEC Use Only (4) Source of Funds (See Instructions) PF (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) / / (6) Citizenship or Place of Organization U.S. (7) Sole Voting Power -0- Number of Shares (8) Shared Voting Power Beneficially Owned 1,119,200 by Each Reporting Person With (9) Sole Dispositive Power -0- (10) Shared Dispositive Power 1,119,200 (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,119,200 (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) / / (13) Percent of Class Represented by Amount in Row (11) 6.1%(1) (14) Type of Reporting Person (See Instructions) IN - ------------------------- (1) Based on 18,424,727 shares of Common Stock, par value $0.001 per share, as reported in the Issuer's Annual Report on Form 10-KSB for the year ended December 31, 2006. 2 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Monica Chavez Gelbaum, Trustee, The Quercus Trust (2) Check the Appropriate Box if a Member of a Group (See Instructions) (A) /X/ (B) / / (3) SEC Use Only (4) Source of Funds (See Instructions) PF (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) / / (6) Citizenship or Place of Organization U.S. (7) Sole Voting Power -0- Number of Shares (8) Shared Voting Power Beneficially Owned 1,119,200 by Each Reporting Person With (9) Sole Dispositive Power -0- (10) Shared Dispositive Power 1,119,200 (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,119,200 (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) / / (13) Percent of Class Represented by Amount in Row (11) 6.1%(1) (14) Type of Reporting Person (See Instructions) IN - ------------------------- (1) Based on 18,424,727 shares of Common Stock, par value $0.001 per share, as reported in the Issuer's Annual Report on Form 10-KSB for the year ended December 31, 2006. 3 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Quercus Trust (2) Check the Appropriate Box if a Member of a Group (See Instructions) (A) /X/ (B) / / (3) SEC Use Only (4) Source of Funds (See Instructions) PF (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) / / (6) Citizenship or Place of Organization U.S. (7) Sole Voting Power -0- Number of Shares (8) Shared Voting Power Beneficially Owned 1,119,200 by Each Reporting Person With (9) Sole Dispositive Power -0- (10) Shared Dispositive Power 1,119,200 (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,119,200 (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) / / (13) Percent of Class Represented by Amount in Row (11) 6.1%(1) (14) Type of Reporting Person (See Instructions) OO - ------------------------- (1) Based on 18,424,727 shares of Common Stock, par value $0.001 per share, as reported in the Issuer's Annual Report on Form 10-KSB for the year ended December 31, 2006. 4 Item 1. This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") amends and restates, where indicated, the statement on Schedule 13D relating to the Common Stock of the Issuer filed by The Quercus Trust, David Gelbaum and Monica Chavez Gelbaum (the "reporting persons") with the Securities and Exchange Commission on August 6, 2007 (the "Initial Schedule 13D"). Capitalized terms used in this Amendment No. 1 but not otherwise defined herein have the meanings given to them in the Initial Schedule 13D or prior amendments thereto. This Amendment No. 1 is being made to disclose the acquisition of 25,000 shares on July 31, 2007. This acquisition was unintentionally omitted from the Initial Schedule 13D. Including this acquisition, the reporting persons owned 6.1% of the Issuer's Common Stock as of the date the Initial Schedule 13D was filed. Except as otherwise set forth herein, this Amendment No. 1 does not modify any of the information previously reported by the reporting persons in the Initial Schedule 13D. Item 5. Interest in Securities of the Issuer (a) As of the date of this Amendment No. 1 Schedule 13D, each reporting person beneficially owns 1,119,200 shares of Common Stock, which are held of record by the Trust. (b) Each of David Gelbaum and Monica Chavez Gelbaum, acting alone, has the power to exercise voting and investment control over the shares of Common Stock owned by the Trust. (c) Since June 3, 2007, the Trust has purchased shares of Common Stock in brokered transactions as follows: Date Number of Shares Price Per Share ---- ---------------- --------------- 07/02/07 100,000 $4.2665 07/03/07 50,000 4.282 07/05/07 12,000 4.2727 07/06/07 25,000 4.15 07/09/07 35,000 4.0857 07/10/07 25,000 4.13 07/11/07 25,000 4.0841 07/12/07 30,000 4.075 07/13/07 25,000 4.1586 07/16/07 20,000 4.4199 07/17/07 15,000 4.55 07/18/07 12,500 4.6884 07/19/07 50,000 5.5313 07/20/07 100,500 6.1932 07/23/07 87,500 6.006 07/24/07 29,000 5.7443 07/25/07 250,000 4.881 07/26/07 35,000 4.5525 07/27/07 19,500 4.4862 07/30/07 40,500 4.9699 07/31/07 25,000 4.9538 08/01/07 12,500 4.9166 8/02/07 7,500 4.85 5 (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer Pursuant to the Power of Attorney filed as Exhibit "B" to Amendment No. 1 to Schedule 13D filed on August 24, 2007 with respect to the issuer Emcore Corp. David Gelbaum has been appointed as Monica Chavez Gelbaum's Attorney-In-Fact. Item 7. Material to Be Filed as Exhibits Exhibit A: Agreement Regarding Joint Filing of Schedule 13D. 6 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct and agrees that this statement may be filed jointly with the other undersigned parties. Dated: August 24, 2007 /s/ David Gelbaum --------------------------------------------- David Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum, Attorney-In-Fact for --------------------------------------------- Monica Chavez Gelbaum --------------------------------------------- Monica Chavez Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum --------------------------------------------- The Quercus Trust, David Gelbaum, Co-Trustee of The Quercus Trust 7 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF AMENDMENT NO. 1 TO SCHEDULE 13D ------------------------------------------------------------------- The undersigned agree that the Amendment No. 1 to Schedule 13D with respect to the Common Stock of Akeena Solar, Inc. is a joint filing being made on their behalf. Dated: August 24, 2007 /s/ David Gelbaum --------------------------------------------- David Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum, Attorney-In-Fact for --------------------------------------------- Monica Chavez Gelbaum --------------------------------------------- Monica Chavez Gelbaum, Co-Trustee of The Quercus Trust /s/ David Gelbaum --------------------------------------------- The Quercus Trust, David Gelbaum, Co-Trustee of The Quercus Trust 8 -----END PRIVACY-ENHANCED MESSAGE-----