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*
Brown James Schlafly

(Last) (First) (Middle)
200 LUDLOW DRIVE
EWING BUSINESS PARK

(Street)
EWING NJ 08638

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WORLDWATER & SOLAR TECHNOLOGIES CORP. [ WWAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2008
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 06/02/2008 M 50,000 A $0.38 50,000 D
Common stock 06/02/2008 M 250,000 A $0.28 300,000 D
Common stock 06/02/2008 S 10,000 D $0.625 290,000 D
Common stock 06/02/2008 S 5,500 D $0.626 284,500 D
Common stock 06/02/2008 S 29,500 D $0.63 255,000 D
Common stock 06/02/2008 S 8,300 D $0.635 246,700 D
Common stock 06/02/2008 S 6,000 D $0.64 240,700 D
Common stock 06/02/2008 S 11,600 D $0.65 229,100 D
Common stock 06/02/2008 S 3,500 D $0.655 225,600 D
Common stock 06/02/2008 S 8,800 D $0.66 216,800 D
Common stock 06/02/2008 S 9,000 D $0.665 207,800 D
Common stock 06/02/2008 S 22,500 D $0.667 185,300 D
Common stock 06/02/2008 S 12,500 D $0.674 172,800 D
Common stock 06/03/2008 S 54,496 D $0.675 118,304 D
Common stock 06/02/2008 S 2,500 D $0.676 115,804 D
Common stock 06/02/2008 S 5,000 D $0.68 110,804 D
Common stock 06/03/2008 S 21,669 D $0.68 89,135 D
Common stock 06/03/2008 S 15,300 D $0.681 73,835 D
Common stock 06/03/2008 S 5,934 D $0.682 67,901 D
Common stock 06/02/2008 S 300 D $0.685 67,601 D
Common stock 06/03/2008 S 11,900 D $0.685 55,701 D
Common stock 06/03/2008 S 9,700 D $0.69 46,001 D
Common stock 06/02/2008 S 24,670 D $0.691 21,331 D
Common stock 06/03/2008 S 9,000 D $0.691 12,331 D
Common stock 06/03/2008 S 3,600 D $0.695 8,731 D
Common stock 06/02/2008 S 330 D $0.7 8,401 D
Common stock 06/03/2008 S 8,401 D $0.7 0 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
Common stock options $0.38 06/02/2008 M 50,000 06/30/2004 06/18/2014 common stock 50,000 $0(1) 571,430 D
Common stock options $0.28 06/02/2008 M 250,000 12/31/2004 12/30/2014 common stock 250,000 $0(1) 321,430 D
Explanation of Responses:
1. The common stock options were granted to Mr. Brown by the Issuer under an Incentive Stock Option Plan, at no cost to Mr. Brown.
Remarks:
/s/ James S. Brown 06/04/2008
** 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.