Sec Form 4 Filing - Moller Lars @ BROADWIND ENERGY, INC. - 2010-04-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Moller Lars
2. Issuer Name and Ticker or Trading Symbol
BROADWIND ENERGY, INC. [ BWEN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President-Technology and Int'l
(Last) (First) (Middle)
47 E. CHICAGO AVENUE, SUITE 332
3. Date of Earliest Transaction (MM/DD/YY)
04/29/2010
(Street)
NAPERVILLE, IL60540
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 04/29/2010 F 1,461 ( 1 ) D $ 4.09 90,640 ( 2 ) ( 3 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Option (Right to Buy) $ 8.1 ( 4 ) 10/22/2017 Common Stock 500,000 500,000 D
Stock Option (Right to Buy) $ 7.78 ( 5 ) 04/29/2019 Common Stock 41,356 41,356 D
Stock Option (Right to Buy) $ 5.44 ( 6 ) 03/09/2020 Common Stock 57,328 57,328 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Moller Lars
47 E. CHICAGO AVENUE
SUITE 332
NAPERVILLE, IL60540
President-Technology and Int'l
Signatures
/s/ Lars Moller 05/03/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person has elected to satisfy his tax withholding obligation in connection with the restricted stock unit grant by directing the Company to withhold shares otherwise issuable pursuant to the grant.
( 2 )Includes (i) 14,879 shares of restricted stock units that vest in 4,960 share increments on each of 4/29/11 and 4/29/12 and 4,959 shares that vest on 4/29/13 and (ii) 30,561 shares of restricted stock units that vest in 7,641 share increments on 3/9/11 and in 7,640 share increments on 3/9/12, 3/9/13 and 3/9/14.
( 3 )Includes an additional 514 shares of common stock acquired under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated as of March 31, 2010.
( 4 )100,000 shares vest on each of 10/22/08, 10/22/09, 10/22/10, 10/22/11 and 10/22/12.
( 5 )10,339 shares vest on each of 4/29/10, 4/29/11, 4/29/12 and 4/29/13.
( 6 )14,332 shares vest on each of 3/9/11, 3/9/12, 3/9/13 and 3/9/14.

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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