SEC FORM 4

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^*

OVSHINSKY STANFORD R

(Last)

(First)

(Middle)

1050 EAST SQUARE LAKE ROAD

(Street)

BLOOMFIELD HILLS

48304

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ENERGY CONVERSION DEVICES INC [ ENER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Retired Director

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2007

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/12/2007		M		2,231	A	$18.25	167,891	D
Common Stock	11/12/2007		M		630	A	$16.25	168,521	D
Common Stock	11/12/2007		M		2,709	A	$16.5	171,230	D
Common Stock	11/12/2007		M		113	A	$16.875	171,343	D
Common Stock	11/12/2007		M		576	A	$13.625	171,919	D
Common Stock	11/12/2007		M		1,444	A	$11.75	173,363	D
Common Stock	11/12/2007		M		172	A	$12.75	173,535	D
Common Stock	11/12/2007		M		130	A	$13.25	173,665	D
Common Stock	11/12/2007		M		740	A	$12.125	174,405	D
Common Stock	11/12/2007		M		4,098	A	$14.625	178,503	D
Common Stock	11/12/2007		M		13,330	A	$9.688	191,833	D
Common Stock	11/12/2007		M		2,832	A	$9.938	194,665	D
Common Stock	11/12/2007		M		53	A	$10.875	194,718	D
Common Stock	11/12/2007		M		72,767	A	$18	267,485	D
Common Stock	11/12/2007		M		9,092	A	$19.836	276,577	D
Common Stock	11/12/2007		M		85	A	$18.97	276,662	D
Common Stock	11/12/2007		M		132	A	$15.69	276,794	D
Common Stock	11/12/2007		M		1,443	A	$10.34	278,237	D
Common Stock	11/12/2007		M		6,165	A	$9.31	284,402	D
Common Stock	11/12/2007		M		11,626	A	$9.63	296,028	D
Common Stock	11/12/2007		M		114	A	$10.55	296,142	D
Common Stock	11/12/2007		M		43	A	$9.79	296,185	D
Common Stock	11/12/2007		M		19,056	A	$19.32	315,241	D
Common Stock	11/12/2007		S		149,581	D	$30.891	165,660	D
Common Stock	11/12/2007		S		12,240	D	$31.722	153,420	D
Common Stock	11/12/2007		S		4,326	D	$30.975	149,094	D
Common Stock	11/12/2007		M		1,907	A	$18.25	75,017	I	As executor of spouse's estate
Common Stock	11/12/2007		M		1,805	A	$16.5	76,822	I	As executor of spouse's estate
Common Stock	11/12/2007		M		1,225	A	$20.675	78,047	I	As executor of spouse's estate
Common Stock	11/12/2007		M		70	A	$20.875	78,117	I	As executor of spouse's estate

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (Right to Buy)	$18.25	11/12/2007		M			2,231	⁽¹⁾	08/31/2008	Common Stock	2,231	$18.25	319,063⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$16.25	11/12/2007		M			630	⁽¹⁾	08/31/2008	Common Stock	630	$16.25	318,433⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$16.5	11/12/2007		M			2,709	⁽¹⁾	08/31/2008	Common Stock	2,709	$16.5	315,724⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$16.875	11/12/2007		M			113	⁽¹⁾	08/31/2008	Common Stock	113	$16.875	315,611⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$13.625	11/12/2007		M			576	⁽¹⁾	08/31/2008	Common Stock	576	$13.625	315,035⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$11.75	11/12/2007		M			1,444	⁽¹⁾	08/31/2008	Common Stock	1,444	$11.75	313,591⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$12.75	11/12/2007		M			172	⁽¹⁾	08/31/2008	Common Stock	172	$12.75	313,419⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$13.25	11/12/2007		M			130	⁽¹⁾	08/31/2008	Common Stock	130	$13.25	313,289⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$12.125	11/12/2007		M			740	⁽¹⁾	08/31/2008	Common Stock	740	$12.125	312,549⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$14.625	11/12/2007		M			4,098	⁽¹⁾	08/31/2008	Common Stock	4,098	$14.625	308,451⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$9.688	11/12/2007		M			13,330	⁽¹⁾	08/31/2008	Common Stock	13,330	$9.688	295,121⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$9.938	11/12/2007		M			2,832	⁽¹⁾	08/31/2008	Common Stock	2,832	$9.938	292,289⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$10.875	11/12/2007		M			53	⁽¹⁾	08/31/2008	Common Stock	53	$10.875	292,236⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$18	11/12/2007		M			72,767	⁽¹⁾	08/31/2008	Common Stock	72,767	$18	219,469⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$19.836	11/12/2007		M			9,092	⁽¹⁾	08/31/2008	Common Stock	9,092	$19.836	210,377⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$18.97	11/12/2007		M			85	⁽¹⁾	08/31/2008	Common Stock	85	$18.97	210,292⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$15.69	11/12/2007		M			132	⁽¹⁾	08/31/2008	Common Stock	132	$15.69	210,160⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$10.34	11/12/2007		M			1,443	⁽¹⁾	08/31/2008	Common Stock	1,443	$10.34	208,717⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$9.31	11/12/2007		M			6,165	⁽¹⁾	08/31/2008	Common Stock	6,165	$9.31	202,552⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$9.63	11/12/2007		M			11,626	⁽¹⁾	08/31/2008	Common Stock	11,626	$9.63	190,926⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$10.55	11/12/2007		M			114	⁽¹⁾	08/31/2008	Common Stock	114	$10.55	190,812⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$9.79	11/12/2007		M			43	⁽¹⁾	08/31/2008	Common Stock	43	$9.79	190,769⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$19.32	11/12/2007		M			19,056	⁽¹⁾	08/31/2008	Common Stock	19,056	$19.32	171,713⁽²⁾	D
Non-Qualified Stock Option (Right to Buy)	$22.625							⁽¹⁾	03/14/2011	Common Stock	14,000		14,000	D
Non-Qualified Stock Option (Right to Buy)	$22.18							⁽¹⁾	06/24/2015	Common Stock	100,000		100,000	D
Non-Qualified Stock Option (Right to Buy)	$18.25	11/12/2007		M			1,907	⁽¹⁾	08/16/2008	Common Stock	1,907	$18.25	122,058⁽³⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$16.5	11/12/2007		M			1,805	⁽¹⁾	08/16/2008	Common Stock	1,805	$16.5	120,253⁽³⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$20.675	11/12/2007		M			1,225	⁽¹⁾	08/16/2008	Common Stock	1,225	$20.675	119,028⁽³⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$20.875	11/12/2007		M			70	⁽¹⁾	08/16/2008	Common Stock	70	$20.875	118,958⁽³⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$16.875	11/12/2007		M			75	⁽¹⁾	08/16/2008	Common Stock	75	$16.875	118,883⁽³⁾	I	As executor of spouse's estate

Explanation of Responses:

1. Option fully exercisable.

2. With exercise prices ranging from $20.250 - $37.188.

3. With exercise prices ranging from $22.625 - $37.188.

	Stanford R. Ovshinsky	11/15/2007
	** 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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