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*
Wedbush Edward William
(Last) (First) (Middle)
P.O. BOX 30014
(Street)
LOS ANGELES CA 90030-0014
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ECOLOGY & ENVIRONMENT INC [ EEI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/08/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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
Class A Common Stock(1) 01/08/2009 S 1,000 D $12.69 6,543 I See Footnote(2)
Class A Common Stock(1) 01/09/2009 S 590 D $12.26 5,953 I See Footnote(2)
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
1. Name and Address of Reporting Person*
Wedbush Edward William
(Last) (First) (Middle)
P.O. BOX 30014
(Street)
LOS ANGELES CA 90030-0014
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
WEDBUSH MORGAN SECURITIES INC
(Last) (First) (Middle)
1000 WILSHIRE BLVD., SUITE 900
ATTN: BUSINESS CONDUCT DEPT.
(Street)
LOS ANGELES CA 90017
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
WEDBUSH, Inc.
(Last) (First) (Middle)
1000 WILSHIRE BLVD
(Street)
LOS ANGELES CA 90017
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This Form 4 is being filed by Edward Wedbush, an individual; Wedbush Morgan Securities; a California Corporation; and Wedbush, Inc., a California Corporation.
2. This transaction was effected through Wedbush Morgan Securities. Mr. Wedbush is the Chairman of Wedbush, Inc. Mr. Wedbush owns a majority of the outstanding Shares of Wedbush, Inc. Mr. Wedbush is the President of Wedbush Morgan Securities. Wedbush, Inc. owns all of the Shares of Wedbush Morgan Securities. Accordingly, Mr. Wedbush may be deemed the beneficial owner of the Issuer's Shares owned by Wedbush, Inc. Mr. Wedbush disclaims, however, for purposes of Section 16, beneficial ownership of such securities, except to the extent of his indirect pecuniary interest therein. This report shall not be deemed an admission that Mr. Wedbush is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. As of the end of the Transaction Date reported herein, Mr. Wedbush also indirectly beneficially owns 147,945 shares of EEI Class A common stock through Wedbush, Inc. In addition, Mr. Wedbush directly owns 94,299 shares of EEI Class A Common Stock.
Edward William Wedbush 03/05/2009
Edward William Wedbush 03/05/2009
Eric D. Wedbush 03/05/2009
** 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 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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