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BROADWIND, INC. Director's Dealing 2011

Mar 9, 2011

34590_dirs_2011-03-09_e9381ab7-a6c9-4e13-a7b6-a769a3af0a05.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROADWIND ENERGY, INC. (BWEN)
CIK: 0001120370
Period of Report: 2011-03-07

Reporting Person: Rubin Jonathan David (VP and General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-07 Common Stock A 55458 Acquired 118302 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-07 Stock Option (Right to Buy) $1.35 A 70313 Acquired 2021-03-07 Common Stock (70313) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4706 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $18.20 2018-07-02 Common Stock (75000) 75000 Direct
Stock Option (Right to Buy) $7.78 2019-04-29 Common Stock (18719) 18719 Direct
Stock Option (Right to Buy) $5.44 2020-03-09 Common Stock (24095) 24095 Direct

Footnotes

F1: Includes (i) 15,000 shares of restricted stock units that vest in 5,000 share increments on each of 10/17/11, 10/17/12 and 10/17/13; (ii) 6,735 shares of restricted stock units that vest in 2,245 share increments on each of 4/29/11, 4/29/12 and 4/29/13; (iii) 12,845 shares of restricted stock units that vest 3,212 shares on 3/9/11 and in 3,211 share increments on each of 3/9/12, 3/9/13 and 3/9/14; and (iv) 55,458 shares of restricted stock units that vest 13,864 shares on 3/7/12, 13,865 shares on 3/7/13, 13,864 shares on 3/7/14 and 13,865 shares on 3/7/15.

F2: Between December 2009 and March 4, 2011, the reporting person acquired 4,706 shares of Company common stock under the Company's 401(k) plan. 103 of these shares were previously reported as a direct holding on the reporting persons's 3/10/10 filing, but are now being broken out and reported as an indirect holding.

F3: 15,000 shares vest on each of 7/2/09, 7/2/10, 7/2/11, 7/2/12 and 7/2/13.

F4: 4,680 shares vest on each of 4/29/10, 4/29/11 and 4/29/12, and 4,679 shares vest on 4/29/13.

F5: 6,024 shares vest on each of 3/9/11, 3/9/12 and 3/9/13; 6,023 shares vest on 3/9/14.

F6: 17,578 shares vest on 3/7/12, 3/7/13 and 3/7/14 and 17,579 shares vest on 3/7/15.