FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/08/2009 |
3. Issuer Name and Ticker or Trading Symbol
EVERGREEN SOLAR INC [ ESLR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 32,922(1) | D | |
Common Stock | 9,842(3) | I | Spouse holdings |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | (2) | 09/26/2015 | Common Stock | 40,000 | $8 | D | |
Stock Option (right to buy) | (4) | 02/10/2015 | Common Stock | 3,125 | $4.7 | I | Spouse holdings |
Stock Option (right to buy) | (5) | 11/28/2013 | Common Stock | 5,000 | $2 | I | Spouse holdings |
Stock Option (right to buy) | (6) | 06/01/2019 | Common Stock | 8,500 | $2.24 | D | |
Stock Option (right to buy) | (7) | 06/01/2019 | Common Stock | 2,200 | $2.24 | I | Spouse holdings |
Explanation of Responses: |
1. Securities beneficially owned include shares purchased through the Employee Stock Purchase Plan, shares owned from previous restricted stock vesting, and restricted stock awards that are due to vest through March 1, 2013. |
2. Options began vesting over a four year period beginning September 26, 2005 at a rate of 25% per year. None have been exercised to date. |
3. Indirect secruities beneficially owned include the reporting person's spouse's (a) shares purchased through the Employee Stock Purchase Plan, (b) vested restricted stock awards and (c) unvested restricted stock awards that are due to vest through March 1, 2013. |
4. Options vesting over a four year period beginning February 10, 2005 at a rate of 25% per year. None have been exercised to date. |
5. Options vesting over a four year period beginning November 28, 2003 at a rate of 25% per year. Some vested shares were exercised, only the remaining unexercised shares are listed. |
6. Options vesting over a four year period beginning March 1, 2009 at a rate of 25% per year. None have been exercised to date. |
7. Options vesting over a four year period beginning March 1, 2009 at a rate of 25% per year. None have been exercised to date. |
Remarks: |
Restricted shares of 25,000 and stock options of 25,000 were granted on 6/8/09 and are reported on a separate Form 4. |
/s/Lawrence E. Felton | 06/10/2009 | |
** 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 5 (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. |