Energy Conversion Devices 8-K Departure of Directors or Certain Officers

Exhibit 99.4

UNITED STATES BANKRUPTCY COURT

FOR THE EASTERN DISTRICT OF MICHIGAN

TRANSMITTAL OF FINANCIAL REPORTS AND

CERTIFICATION OF COMPLIANCE WITH

UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR

THE PERIOD ENDED:May 31, 2012

In re: United Solar Ovonic LLC	Case Number: 12-43167
	Chapter 11
	Judge: Hon. Thomas J. Tucker
Debtor.

United Solar Ovonic LLC/

As debtor in possession, I affirm:

1. That I have reviewed the financial statements attached hereto, consisting of:

Operating Statement	(Form 2)
Balance Sheet	(Form 3)
Summary of Operations	(Form 4)
Monthly Cash Statement	(Form 5)
Statement of Compensation	(Form 6)
Schedule of In-Force Insurance	(Form 7)

and that they have been prepared in accordance with normal and customary accounting practices, and fairly and accurately reflect the debtor’s financial activity for the period stated;

2. That the insurance, including workers’ compensation and unemployment insurance, as described in Section 5 of the Operating Instructions and Reporting Requirements For Chapter 11 Cases, is in effect; and

(If not, attach a written explanation) YES x NO ¨

3. That all post-petition taxes as described in Section 9 of the Operating Instructions and Reporting Requirements For Chapter 11 Cases are current.

(If not, attach a written explanation) YES x NO ¨

4. No professional fees (attorney, accountant, etc.) have been paid without specific court authorization.

(If not, attach a written explanation) YES x NO ¨

5. All United States Trustee Quarterly fees have been paid and are current.

YES x NO ¨

6. Have you filed your pre-petition tax returns?

(If not, attach a written explanation) YES x NO ¨

I hereby certify, under penalty of perjury, that the information provided above and in the attached documents is true and correct to the best of my information and belief.

Dated:June 20, 2012	United Solar Ovonic LLC
	Debtor in Possession
	Title:	William C. Andrews
		Chief Financial Officer        Phone: 248-370-5315

Form 1

OPERATING STATEMENT (P&L)⁽¹⁾

Period Ending:May 31, 2012

Case No: 12-43167

	Current Month			Total Since Filing
Total Revenue	$	2,423,082		$	11,000,867
Cost of Sales(2)		5,899,359			20,556,380
GROSS PROFIT		(3,476,277	)		(9,555,513	)
EXPENSES:
Officer Compensation		25,138			91,805
Salary/Wages Expenses		459,546			2,389,156
Employee Benefits & Pensions		216,797			884,721
Payroll Taxes		125,210			359,789
Other Taxes		22,105			50,532
Rent and Lease Expense		124,275			626,929
Interest Expense(3)		2,171,078			7,648,915
Property Insurance		967			3,651
Utilities		56,676			128,573
Depreciation		22,230			79,780
Travel and Entertainment		15,432			78,480
Repairs and Maintenance		17,724			34,019
Other – Miscellaneous		209,664			1,519,032
Other – (Gain) Loss on Asset Disposal(5)		—			(7,049,242	)
Other Specify – European Costs		250,687			877,562
Other Specify – Restructuring(6)		—			2,276,805
TOTAL EXPENSES:		3,717,529			10,000,508
OPERATING PROFIT		(7,193,806	)		(19,556,022	)
Add: Non-Operating Income
Total Interest Income		—			—
Other (Income) / Expense		(130,149	)		231,648
Less: Non-Operating Expenses
Professional Fees(4)		839,770			3,141,770
Other – Income Taxes		(8,303	)		(224,509	)
NET INCOME/(LOSS)	$	(7,895,124	)	$	(22,704,931	)

(1) The operating statement and balance sheet were prepared using accrual accounting.

(2) Product sold during this period had an inventory value of $2,837,522. The balance of cost of sales is unabsorbed variance due to the production shutdown.

(3) The effective annual interest rate for May 31, 2012 was 10.2%.

(4) Professional fees include estimates and actuals.

(5) Primarily included gain on rejection of lease.

(6) Severance costs for terminated employees.

Form 2

BALANCE SHEET

Period Ending:May 31, 2012

Case No: 12-43167

	Current Month			Prior Month			At Filing
ASSETS:
Cash and Cash Equivalents	$	10,967,415		$	11,721,600		$	4,378,158
Investments		—			—			—
Inventories, Net		30,679,473			33,539,728			41,727,690
Accounts Receivable – Intercompany – USO CDN		1,540,794			1,648,063			1,788,754
Accounts Receivable Intercompany SIT		23,512,121			23,507,313			23,497,597
Accounts Receivable Trade – Net		4,761,473			6,388,046			10,597,737
Land and Buildings		17,517,111			17,517,111			29,010,567
Furniture, Fixtures & Equipment		36,436,143			36,351,487			39,529,693
Accumulated Depreciation		(7,625,765	)		(7,285,109	)		(12,471,130	)
Restricted Cash		3,580,101			4,374,728			5,950,000
Prepaid		629,263			794,253			664,094
Investment in Subsidiaries		3,079,555			3,242,929			3,064,408
Other Assets		2,517,021			2,517,019			2,053,060
TOTAL ASSETS	$	127,594,703		$	134,317,168		$	149,790,628
LIABILITIES:
Post-petition Liabilities:
Accounts Payable Trade – Net	$	658,382		$	273,925		$	—
Accounts Payable Intercompany ECD		50,770			85,302			—
Accounts Payable Intercompany USO EU		273,270			186,552			—
Accounts Payable Intercompany USO Mexico		1,393,598			1,112,646			—
Warranty		118,089			118,089			—
Other Current Liabilities		597,026			2,069,228			—
Accrued Salaries and Wages		84,237			354,188			—
Accrued Taxes		426,335			285,739			—
Accrued Other		2,288,932			2,325,972			—
TOTAL Post-petition Liabilities		5,890,638			6,811,642			—
Secured Liabilities:
Secured Loan – ECD		5,000,000			5,000,000			5,000,000
Pre-petition Liabilities:
Accounts Payable Trade – Net		7,273,287			7,273,287			7,273,287
Accounts Payable Intercompany ECD		799,767,567			797,596,837			792,119,291
Accounts Payable Intercompany SIT		600,241			600,241			600,241
Accounts Payable Intercompany Mexico		1,704,449			1,704,449			—
Lease Payable		4,849,388			4,926,455			19,627,288
Warranty		10,176,836			10,176,836			10,176,836
Other Current Liabilities		637,324			637,324			637,324
Accrued Salaries and Wages		677,100			677,100			677,100
Accrued Taxes		636,431			636,431			636,431
Accrued Other		4,331,705			4,331,705			4,331,705
TOTAL Pre-petition Liabilities		830,654,328			828,560,664			836,079,503
TOTAL LIABILITIES		841,544,966			840,372,306			841,079,503
EQUITY:
Owners Capital		65,000,000			65,000,000			65,000,000
Additional Paid-In-Capital		(27,351,380	)		(27,351,380	)		(27,351,380	)
Retained Earnings-Pre Petition		(728,893,951	)		(728,893,951	)		(728,937,495	)
Retained Earnings-Post Petition		(22,704,931	)		(14,809,807	)		—
TOTAL EQUITY		(713,950,262	)		(706,055,139	)		(691,288,875	)
TOTAL LIABILITIES AND EQUITY	$	127,594,703		$	134,317,168		$	149,790,628

Form 3

SUMMARY OF OPERATIONS

Period Ended:May 31, 2012

Case No: 12-43167

Schedule of Post-petition Taxes Payable

	Beginning Balance		Accrued/ Withheld		Payments/ Deposits		Ending Balance
Income Taxes Withheld
Federal		—	$	461,947.44	$	461,947.44		—
State		—		128,731.19		128,731.19		—
Local		—		—		—		—
FICA Withheld		—		175,431.82		175,431.82		—
Employers FICA		—		234,625.50		234,625.50		—
Unemployment Tax
Federal		—		3,941.61		3,941.61		—
State		—		86,898.50		86,898.50		—
Sales, Use & Excise Taxes	$	93,569.00		42,652.00		—	$	136,221.00
Property Taxes		192,170.00		97,974.00		—		290,144.00
Workers’ Compensation(1)		—		—		—		—
Other		—		—		—		—
TOTALS	$	285,739.00	$	1,232,202.06	$	1,091,576.06	$	426,365.00

(1) Fully insured.

AGING OF ACCOUNTS RECEIVABLE

AND POST-PETITION ACCOUNTS PAYABLE

Age in Days	0-30		31-60		Over 60
Post Petition
Accounts Payable	$	636,141.56	$	21,560.47	$	679.72
Accounts Receivable	$	4,382,814.71	$	—	$	378,657.66

For all post-petition accounts payable over 30 days old, please attach a sheet listing each such account, to whom the account is owed, the date the account was opened, and the reason for non-payment of the account.

Describe events or factors occurring during this reporting period materially affecting operations and formulation of a Plan of Reorganization:None

Form 4

MONTHLY CASH STATEMENT

Period Ending:May 31, 2012

Cash Activity Analysis (Cash Basis Only): Case No: 12-43167

		General Account		L/C Collateral Account		Canadian Payroll Account(1)		Petty Cash
A.	Beginning Balance	$	12,001,360.76	$	4,374,728.04	$	3,821.37	$	803.29
B.	Receipts		4,127,749.07		—		75,000.00		0 .88
	(Attach separate schedule)
C.	Balance Available		16,129,109.83		4,374,728.04		78,821.37		804.17
	(A+B)
D.	Less Disbursements		5,132,364.30		794,627.20		15,704.89		—
	(Attach separate schedule)
E.	ENDING BALANCE	$	10,996,745.53	$	3,580,100.84	$	63,116.48	$	804.17
	(C-D)

⁽¹⁾  In Canadian Dollars

ATTENTION: Please enter the TOTAL DISBURSEMENT from all your accounts, including cash and excluding transfers, onto the line below. This is the number that will determine your quarterly fee payment:$5,942,696.39

(PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)

General Account:

1.      Depository Name & Location	JP Morgan Chase Bank, N.A. (MI); Detroit, Michigan
2.      Account Number

L/C Collateral Account:

1.      Depository Name & Location	JP Morgan Chase Bank, N.A. (MI); Detroit, Michigan
2.      Account Number

Canadian Payroll Account:

1.      Depository Name & Location	JP Morgan Chase Bank, N.A. Canada; Toronto, Ontario, Canada
2.      Account Number

Other monies on hand (specify type and location) i.e., CD’s, bonds, etc.):

None

Date: June 20, 2012
	United Solar Ovonic LLC
	Debtor in Possession

Form 5

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:May 31, 2012

Case No: 12-43167

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)

Name:	Joseph P. Conroy, Executive Vice President, ECD;	Capacity:	x	Shareholder
	Senior Vice President, USO Operations		x	Officer
			¨	Director
			x	Insider

Detailed Description of Duties:

• Provides leadership to all operations and manufacturing related activity (Auburn Hills, Greenville 1&2, Tijuana, China JV and Marcegaglia)

• Responsible for building new equipment to support the company’s technology efforts

• Provides leadership to all manufacturing, engineering, quality functions (ensures the production of all manufacturing products)

Current Compensation Paid(1):	Weekly	Or		Monthly
			$	18,461.55
Current Benefits Paid:	Weekly	Or		Monthly
Health Insurance			$	849.92
Life Insurance				72.15
Accidental Death & Dismemberment Insurance				9.62
Long-Term and Short-Term Disability Insurance				72.50
Employee Assistance Program				1.69
Vacation Payout				6,676.92
Personal Car Mileage				158.73
Entertainment				—
Travel				—
Total Benefits			$	7,841.53
Current Other Payments Paid:	Weekly	Or		Monthly
Rent Paid
Loans
Other (Describe)
Other (Describe)				—
Other (Describe)				—
Total Other Payments				—
	Weekly	Or		Monthly
CURRENT TOTAL OF ALL PAYMENTS:			$	26,303.08

(1) Mr. Conroy’s last day of employment with the company was 5/11/12.

Dated:June 20, 2012 Joseph P. Conroy

Form 6

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:May 31, 2012

Case No: 12-43167

INSURANCE TYPE	CARRIER	EXPIRATION DATE
Workers’ Compensation	Valley Forge Insurance Company	02/01/2013
Workers’ Compensation	American Casualty Company of Reading PA	02/01/2013
General Liability	American Casualty Company of Reading PA	02/01/2013
Property (1st Layer)	Allianz Global Risk US Insurance Company	02/01/2013
Property (2nd Layer)	Lexington Insurance Company	02/01/2013
Automobile Policy	Continental Casualty Company	02/01/2013
Umbrella Policy	Continental Casualty Company	02/01/2013
Foreign Package	Continental Casualty Company	02/01/2013
Special Risk Coverage	Great American Insurance Company	03/18/2013
Directors & Officers	Allied World National Assurance Company	09/30/2012
Directors & Officers	Illinois National Insurance Company	09/30/2012
Directors & Officers	Beazley Insurance Company, Inc. (Lloyd’s of London)	09/30/2012
Employee Practices Liability	Starr Indemnity & Liability Company	09/30/2012
Fiduciary Liability	Starr Indemnity & Liability Company	09/30/2012
Fidelity Bond	Starr Indemnity & Liability Company	09/30/2012
Primary Directors & Officers	Starr Indemnity & Liability Company	09/30/2012
ERISA Bond	Travelers Casualty and Surety Company of America	11/16/2014
Pollution Liability Coverage	Chartis Specialty Insurance	02/01/2014

Form 7