SEC FORM 4

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^*

OVSHINSKY STANFORD R

(Last)

(First)

(Middle)

1050 EAST SQUARE LAKE ROAD

(Street)

BLOOMFIELD HILLS

48304

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ENERGY CONVERSION DEVICES INC [ ENER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Retired Director

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2007

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/12/2007		M		75	A	$16.875	78,192	I	As executor of spouse's estate
Common Stock	11/12/2007		M		384	A	$13.625	78,576	I	As executor of spouse's estate
Common Stock	11/12/2007		M		963	A	$11.75	79,539	I	As executor of spouse's estate
Common Stock	11/12/2007		M		115	A	$12.75	79,654	I	As executor of spouse's estate
Common Stock	11/12/2007		M		87	A	$13.25	79,741	I	As executor of spouse's estate
Common Stock	11/12/2007		M		494	A	$12.125	80,235	I	As executor fo spouse's estate
Common Stock	11/12/2007		M		2,732	A	$14.625	82,967	I	As executor of spouse's estate
Common Stock	11/12/2007		M		24,220	A	$9.688	107,187	I	As executor of spouse's estate
Common Stock	11/12/2007		M		1,888	A	$9.938	109,075	I	As executor of spouse's estate
Common Stock	11/12/2007		M		36	A	$10.875	109,111	I	As executor of spouse's estate
Common Stock	11/12/2007		M		12,309	A	$20.438	121,420	I	As executor of spouse's estate
Common Stock	11/12/2007		M		2,974	A	$18	124,394	I	As executor of spouse's estate
Common Stock	11/12/2007		M		2,070	A	$20.25	126,464	I	As executor of spouse's estate
Common Stock	11/12/2007		M		6,061	A	$19.836	132,525	I	As executor of spouse's estate
Common Stock	11/12/2007		M		57	A	$18.97	132,582	I	As executor of spouse's estate
Common Stock	11/12/2007		M		68	A	$20.75	132,650	I	As executor of spouse's estate
Common Stock	11/12/2007		M		88	A	$15.69	132,738	I	As executor of spouse's estate
Common Stock	11/12/2007		M		25,795	A	$10.34	158,533	I	As executor of spouse's estate
Common Stock	11/12/2007		M		4,110	A	$9.31	162,643	I	As executor of spouse's estate
Common Stock	11/12/2007		M		7,751	A	$9.63	170,394	I	As executor of spouse's estate
Common Stock	11/12/2007		M		76	A	$10.55	170,470	I	As executor of spouse's estate
Common Stock	11/12/2007		M		29	A	$9.79	170,499	I	As executor of spouse's estate
Common Stock	11/12/2007		M		12,704	A	$19.32	183,203	I	As executor of spouse's estate
Common Stock	11/12/2007		M		2,200	A	$10.4	185,403	I	As executor of spouse's estate
Common Stock	11/12/2007		S		112,293	D	$31.2428	73,110	I	As executor of spouse's estate
Common Stock	11/12/2007		S		7,300	D	$31.71	65,810	I	As executor of sposue's estate

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (Right to Buy)	$13.625	11/12/2007		M			384	⁽¹⁾	08/16/2008	Common Stock	384	$13.625	118,499⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$11.75	11/12/2007		M			963	⁽¹⁾	08/16/2008	Common Stock	963	$11.75	117,536⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$12.75	11/12/2007		M			115	⁽¹⁾	08/16/2008	Common Stock	115	$12.75	117,421⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$13.25	11/12/2007		M			87	⁽¹⁾	08/16/2008	Common Stock	87	$13.25	117,334⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$12.125	11/12/2007		M			494	⁽¹⁾	08/16/2008	Common Stock	494	$12.125	116,840⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$14.625	11/12/2007		M			2,732	⁽¹⁾	08/16/2008	Common Stock	2,732	$14.625	114,108⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$9.688	11/12/2007		M			24,220	⁽¹⁾	08/16/2008	Common Stock	24,220	$9.688	89,888⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$9.938	11/12/2007		M			1,888	⁽¹⁾	08/16/2008	Common Stock	1,888	$9.938	88,000⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$10.875	11/12/2007		M			36	⁽¹⁾	08/16/2008	Common Stock	36	$10.875	87,964⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$20.438	11/12/2007		M			12,309	⁽¹⁾	08/16/2008	Common Stock	12,309	$20.438	75,655⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$18	11/12/2007		M			2,974	⁽¹⁾	08/16/2008	Common Stock	2,974	$18	72,681⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$20.25	11/12/2007		M			2,070	⁽¹⁾	08/16/2008	Common Stock	2,070	$20.25	70,611⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$19.836	11/12/2007		M			6,061	⁽¹⁾	08/16/2008	Common Stock	6,061	$19.836	64,550⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$18.97	11/12/2007		M			57	⁽¹⁾	08/16/2008	Common Stock	57	$18.97	64,493⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$20.75	11/12/2007		M			68	⁽¹⁾	08/16/2008	Common Stock	68	$20.75	64,425⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$15.69	11/12/2007		M			88	⁽¹⁾	08/16/2008	Common Stock	88	$15.69	64,337⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$10.34	11/12/2007		M			25,795	⁽¹⁾	08/16/2008	Common Stock	25,795	$10.34	38,542⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$9.31	11/12/2007		M			4,110	⁽¹⁾	08/16/2008	Common Stock	4,110	$9.31	34,432⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$9.63	11/12/2007		M			7,751	⁽¹⁾	08/16/2008	Common Stock	7,751	$9.63	26,681⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$10.55	11/12/2007		M			76	⁽¹⁾	08/16/2008	Common Stock	76	$10.55	26,605⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$9.79	11/12/2007		M			29	⁽¹⁾	08/16/2008	Common Stock	29	$9.79	26,576⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$19.32	11/12/2007		M			12,704	⁽¹⁾	08/16/2008	Common Stock	12,704	$19.32	13,872⁽²⁾	I	As executor of spouse's estate
Non-Qualified Stock Option (Right to Buy)	$10.4	11/12/2007		M			2,200	⁽¹⁾	08/16/2008	Common Stock	2,200	$10.4	0	I	As executor of spouse's estate

Explanation of Responses:

1. Option fully exercisable.

2. With exercise prices ranging from $22.625 - $37.188.

	Stanford R. Ovshinsky	11/15/2007
	** 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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