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*
SNADON DARYL N

(Last) (First) (Middle)
15280 ADDISON ROAD SUITE 300

(Street)
ADDISON TX 75001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LIGHTING SCIENCE GROUP CORP [ LSGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/11/2006
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 10/11/2006 P 294,348 A (1) 2,679,611(2) 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
Explanation of Responses:
1. (a) On October 11, 2006, the issuer issued 54,348 shares of common stock to Mr. Snadon in and as consideration of and for service on the board of directors of the issuer during the quarter ended September 30, 2006. (b) On October 11, 2006, the issuer issued 240,000 shares of common stock to Mr. Snadon in and as consideration of and for service on the a committee of the board of directors of the issuer during the quarter ended September 30, 2006.
2. Includes (i) 187,130 shares issuable by the issuer to Mr. Snadon pursuant to the conversion of 6% Convertible Preferred Stock of the issuer; (ii) 587,715 shares issuable to Mr. Snadon pursuant to the exercise of warrants at a price of $0.30 per share; (iii) 130,000 shares issuable to Mr. Snadon pursuant to the exercise of warrants at a price of $1.50 per share; (iv) 20,000 shares issuable to Mr. Snadon pursuant to the exercise of options at a price of $0.32 per share (one third of which are vested, one-third of which will vest on 2/20/07, and one-third of which will vest on 2/20/08); and (v) 50,000 shares issuable to Mr. Snadon pursuant to the exercise of options at a price of $0.53 per share (one-third of which are vested, one-third of which will vest on 10/31/06, and one-third of which will vest on 10/31/07).
Daryl N. Snadon 10/11/2006
** 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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