X0303 4 2009-11-17 0 0000032878 ENERGY CONVERSION DEVICES INC ENER 0001288608 Frey Robert I 2956 WATERVIEW DRIVE ROCHESTER HILLS MI 48309 1 0 0 0 Common Stock 2009-11-18 4 A 0 2508 0 A 10284 D Restricted Stock Units 2009-11-17 4 A 0 6693 0 A Common Stock 6693 9201 D Restricted Stock Units 2009-11-18 4 M 0 2508 0 D 2009-11-18 Common Stock 2508 6693 D Reflects the conversion of restricted stock units (RSUs) granted by ECD to the reporting person that have converted, in accordance with their terms, into an equal number of deferred stock units (DSUs). These DSUs convert on a one-for-one basis into shares of common stock upon the termination of the reporting person's status as a director of ECD. Each restricted stock unit represents a right to receive one DSU. The DSUs are convertible on a one-for-one basis into shares of ECD common stock. Reflects the grant of RSUs to the reporting person as a portion of the 2010 outside director compensation granted under ECD's 2006 Stock Incentive Plan. The RSUs vest ratably over the director's one-year term and convert into DSUs upon the last day of the director's term. DSUs will be paid out as common stock on a one-for-one basis upon the termination of the reporting person's status as a director of ECD. The DSUs will be paid out as common stock on a one-for-one basis upon the termination of the reporting person's status as a director of ECD. Robert I Frey 2009-11-19