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 |
|
|||||||||||||||
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*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
ECOTALITY, INC. [ ECTY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 03/13/2012 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
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 |
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 | ||||||||
Unsecured Convertible Note | $1.27 | 03/13/2012 | P | 3,937,007 | 03/13/2012 | 03/13/2015 | Common Stock | 3,937,007 | $5,000,000 | 3,937,007(1) | D | ||||
Warrant | $4.91 | 03/13/2012(2) | D | 1,041,667 | 01/13/2011(2) | 01/12/2016 | Common Stock | 1,041,667 | (2) | 0(1)(2) | D | ||||
Warrant | $2.5 | 03/13/2012(2) | A | 1,041,667 | 03/13/2012(2) | 01/12/2016 | Common Stock | 1,041,667 | (2) | 1,041,667(1)(2) | D |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
| ||||||||||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
|
Explanation of Responses: |
1. ABB Ltd owns all of ABB Asea Brown Boveri Ltd. By virtue of ABB Ltd's relationship with ABB Asea Brown Boveri Ltd, ABB Ltd may be deemed to have voting and dispositive power with respect to all of the shares beneficially owned by ABB Asea Brown Boveri Ltd. ABB Asea Brown Boveri Ltd owns all of ABB Technology Ventures Ltd. By virtue of ABB Asea Brown Boveri Ltd's relationship with ABB Technology Ventures Ltd, ABB Asea Brown Boveri Ltd, may be deemed to have voting and dispositive power with respect to all of the shares beneficially owned by ABB Technology Ventures Ltd. ABB Ltd and ABB Asea Brown Boveri Ltd disclaim beneficial ownership of the securities held by ABB Technology Ventures Ltd except to the extent of their pecuniary interest therein. |
2. The Warrant was initially issued on January 13, 2011 and was amended on March 13, 2012 to reduce the exercise price applicable to the Warrant from $4.91 per share to $2.50 per share. Under the Warrant, ABB Technology Ventures Ltd is entitled to purchase 1,041,667 shares of Common Stock issuable upon exercise of the Warrant. |
/s/ Girish Nadkarni | 03/28/2012 | |
/s/ Natascia Rubinic | 03/28/2012 | |
/s/ Richard A. Brown | 03/28/2012 | |
/s/ Diane de Saint Victor | 03/28/2012 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |