X0202 4 2008-03-14 0 0000912365 EVERGREEN ENERGY INC EEE 0001185285 COLLINS KEVIN R 1225 17TH STREET SUITE 1300 DENVER CO 80202 1 1 0 0 Chief Exec.Officer & President Common Stock, $.001 Par Value 2008-03-14 4 A 0 150000 0 A 675000 D Stock Options (right to buy) 1.96 2008-03-14 4 A 0 50000 0 A 2008-03-14 2018-03-14 Common Stock 50000 50000 D The stock award vests in five equal annual installments beginning on March 14, 2008. Includes 400,000 shares of restricted stock Mr. Collins has the right to vote, but not the right to sell until certain performance vesting requirements are met. The option award vests in five equal annual installments beginning on March 14, 2008. /s/ Kevin R. Collins 2008-03-18