SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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).
X
 Form 3 Holdings Reported.
X
 Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
Stremel John P
(Last) (First) (Middle)
901 CAMPISI WAY, SUITE 260
(Street)
CAMPBELL CA 95008
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EnergyConnect Group Inc [ ECNG.OB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CTO and VP Grid Operations
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
01/02/2010
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 at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock 02/05/2007 M4 383,640 A $0.32 383,640 D
Common Stock 02/23/2007 S4 10,000 D $0.5947 373,640 D
Common Stock 03/15/2007 S4 10,000 D $0.5647 363,640 D
Common Stock 03/30/2007 S4 10,000 D $0.6044 353,640 D
Common Stock 04/04/2007 S4 10,000 D $0.6647 343,640 D
Common Stock 04/10/2007 S4 10,000 D $0.7447 333,640 D
Common Stock 04/13/2007 S4 20,000 D $1.0496 313,640 D
Common Stock 04/13/2007 S4 10,000 D $0.8647 303,640 D
Common Stock 04/17/2007 S4 1,000 D $1.042 302,640 D
Common Stock 06/27/2007 S4 10,000 D $0.8447 292,640 D
Common Stock 07/17/2007 S4 10,000 D $0.8947 282,640 D
Common Stock 12/03/2007 S4 10,000 D $1.0992 272,640 D
Common Stock 01/03/2008 S4 10,000 D $0.8947 262,640 D
Common Stock 02/05/2008 M4 575,460 A $0.32 838,100 D
Common Stock 05/07/2008 P4 25,000 A $0.4 863,100 D
Common Stock 05/15/2008 S4 7,000 D $0.4046 856,100 D
Common Stock 05/15/2008 S4 10,000 D $0.3947 846,100 D
Common Stock 05/16/2008 S4 200 D $0.38 845,900 D
Common Stock 05/16/2008 S4 500 D $0.424 845,400 D
Common Stock 05/16/2008 S4 2,300 D $0.4061 843,100 D
Common Stock 05/16/2008 S4 5,000 D $0.4144 838,100 D
Common Stock 07/17/2008 S4 10,000 D $0.3947 828,100 D
Common Stock 07/21/2008 S4 3,100 D $0.414 825,000 D
Common Stock 07/21/2008 S4 10,000 D $0.3947 815,000 D
Common Stock 07/22/2008 S4 500 D $0.4239 814,500 D
Common Stock 07/22/2008 S4 500 D $0.51 814,000 D
Common Stock 07/22/2008 S4 4,500 D $0.4366 809,500 D
Common Stock 07/22/2008 S4 5,000 D $0.4544 804,500 D
Common Stock 07/22/2008 S4 9,500 D $0.4944 795,000 D
Common Stock 07/22/2008 S4 10,000 D $0.4797 785,000 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)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Option(1) $0.32 3 (2) 02/06/2008 Common Stock 959,100 959,100 D
Common Stock Option $0.65 3 (3) 11/21/2011 Common Stock 42,500 42,500 D
Common Stock Option $0.32 02/05/2007 4M 383,640 02/05/2007(2) 02/06/2008 Common Stock 383,640 $0 575,460 D
Common Stock Option $0.94 11/29/2007 4A 100,000 (3) 11/29/2012 Common Stock 100,000 $0 100,000 D
Common Stock Option $0.32 02/05/2008 4M 575,460 02/05/2008(2) 02/06/2008(2) Common Stock 575,460 $0 0 D
Common Stock Warrant $0.6 05/07/2008 4P 12,500 05/07/2008 05/07/2013 Common Stock 12,500 $0 12,500 D
Common Stock Option $0.05 03/06/2009 4A 100,000 (4) 03/06/2019 Common Stock 100,000 $0 100,000 D
Common Stock Option $0.05 03/06/2009 4A 756,959 (5) 03/06/2019 Common Stock 756,959 $0 756,959 D
Explanation of Responses:
1. The Reporting Person became a Section 16 officer effective December 31, 2006, the beginning of the Issuer's 2007 fiscal year.
2. This option was granted on October 13, 2005 in conjunction with the acquisition of EnerygConnect, Inc. These options were granted with exercise dates of February 5, 2007 and February 5, 2008.
3. 1/48th of the total shares covered by the option vest each month.
4. 1/12th of the total shares covered by the option vest each month.
5. 1/4th of the total shares covered by the option vest on the 12 month anniversary of the date of grant and 1/36th of the remaining unvested shares vest each month thereafter.
Remarks:
This Form 5 Report is the first of four Form 5 reports filed on November 4, 2010 for this Reporting Person.
/s/ John Stremel 11/04/2010
** 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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