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*
HENSELER UDO

(Last) (First) (Middle)
C/O SPIRE CORPORATION
ONE PATRIOTS PARK

(Street)
BEDFORD MA 01730

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SPIRE CORP [ SPIR ]
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)
10/05/2007
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)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value 10/05/2007 M 625 A $5.74 625 D
Common Stock, $0.01 par value 10/05/2007 S 625 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 938 A $4.79 938 D
Common Stock, $0.01 par value 10/05/2007 S 938 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 625 A $4.39 625 D
Common Stock, $0.01 par value 10/05/2007 S 625 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 625 A $4.9 625 D
Common Stock, $0.01 par value 10/05/2007 S 625 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 625 A $6.36 625 D
Common Stock, $0.01 par value 10/05/2007 S 625 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 625 A $10.74 625 D
Common Stock, $0.01 par value 10/05/2007 S 625 D $16.55(2) 0 D
Common Stock, 0.01 par value 10/05/2007 M 313 A $7.45 313 D
Common Stock, $0.01 par value 10/05/2007 S 313 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 313 A $8.4 313 D
Common Stock, $0.01 par value 10/05/2007 S 313 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 313 A $7.53 313 D
Common Stock, $0.01 par value 10/05/2007 S 313 D $16.55(2) 0 D
Common Stock, $0.01 par value 10/05/2007 M 313 A $7.02 937 D
Common Stock, $0.01 par value 10/05/2007 S 313 D $16.55(2) 0 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
Non-Incentive Stock Option (right to buy) $5.74 10/05/2007 M 625 06/30/2005(1) 06/30/2014 Common Stock 625 $5.74 312 D
Non-Incentive Stock Option (right to buy) $4.79 10/05/2007 M 938 09/30/2005(1) 09/30/2014 Common Stock 938 $4.79 312 D
Non-Incentive Stock Option (right to buy) $4.39 10/05/2007 M 625 12/31/2005(1) 12/31/2014 Common Stock 625 $4.39 625 D
Non-Incentive Stock Option (right to buy) $4.9 10/05/2007 M 625 03/31/2006(1) 03/31/2015 Common Stock 625 $4.9 625 D
Non-Incentive Stock Option (right to buy) $6.36 10/05/2007 M 625 06/30/2006(1) 06/30/2015 Common Stock 625 $6.36 625 D
Non-Incentive Stock Option (right to buy) $10.74 10/05/2007 M 625 09/30/2006(1) 09/30/2015 Common Stock 625 $10.74 625 D
Non-Incentive Stock Option (right to buy) $7.45 10/05/2007 M 313 12/30/2006(1) 12/30/2015 Common Stock 313 $7.45 937 D
Non-Incentive Stock Option (right to buy) $8.4 10/05/2007 M 313 03/31/2007(1) 03/31/2016 Common Stock 313 $8.4 937 D
Non-Incentive Stock Option (right to buy) $7.53 10/05/2007 M 313 06/30/2007(1) 06/30/2016 Common Stock 313 $7.53 937 D
Non-Incentive Stock Option (right to buy) $7.02 10/05/2007 M 313 09/29/2007(1) 09/29/2016 Common Stock 313 $7.02 937 D
Explanation of Responses:
1. The option is exercisable in annual increments of 25% of the option shares, with the first increment becoming exercisable on the date shown in this column.
2. Price is based on weighted average of sale price.
Udo Henseler 10/05/2007
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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