Edgar Filing: DOUGLAS KEVIN

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

DOUGLAS KEVIN

2. Issuer Name and Ticker or Trading Symbol
WESTPORT INNOVATIONS INC [WPRT]

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

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
13(d)(3) group

(Last)

(First)

(Middle)

125 E. SIR FRANCIS DRAKE BLVD., STE 400

3. Date of Earliest Transaction (Month/Day/Year)
03/28/2012

(Street)

LARKSPUR, CA 94939

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Put Option (obligation to buy)

$ 41

03/28/2012

616

03/28/2012

04/20/2012

Common Stock

61,600

$ 153

61,600

D ⁽¹⁾ ⁽²⁾

Put Option (obligation to buy)

$ 41

03/28/2012

507

03/28/2012

04/20/2012

Common Stock

50,700

$ 153

50,700

I ⁽²⁾ ⁽³⁾

By James and Jean Douglas Irrevocable Descendants? Trust

Put Option (obligation to buy)

$ 41

03/28/2012

261

03/28/2012

04/20/2012

Common Stock

26,100

$ 153

26,100

I ⁽²⁾ ⁽⁴⁾

By Douglas Family Trust

Put Option (obligation to buy)

$ 41

03/28/2012

154

03/28/2012

04/20/2012

Common Stock

15,400

$ 153

15,400

I ⁽²⁾ ⁽⁵⁾

By James E Douglas III

Put Option (obligation to buy)

$ 40

03/29/2012

800

03/29/2012

04/20/2012

Common Stock

80,000

$ 159

80,000

D ⁽¹⁾ ⁽²⁾

Put Option (obligation to buy)

$ 40

03/29/2012

660

03/29/2012

04/20/2012

Common Stock

66,000

$ 159

66,000

I ⁽²⁾ ⁽³⁾

By James and Jean Douglas Irrevocable Descendants? Trust

Put Option (obligation to buy)

$ 40

03/29/2012

340

03/29/2012

04/20/2012

Common Stock

34,000

$ 159

34,000

I ⁽²⁾ ⁽⁴⁾

By Douglas Family Trust

Put Option (obligation to buy)

$ 40

03/29/2012

200

03/29/2012

04/20/2012

Common Stock

20,000

$ 159

20,000

I ⁽²⁾ ⁽⁵⁾

By James E Douglas III

Put Option (obligation to buy)

$ 38

04/04/2012

400

04/04/2012

05/18/2012

Common Stock

40,000

$ 263

40,000

D ⁽¹⁾ ⁽²⁾

Put Option (obligation to buy)

$ 38

04/04/2012

330

04/04/2012

05/18/2012

Common Stock

33,000

$ 263

33,000

I ⁽²⁾ ⁽³⁾

By James and Jean Douglas Irrevocable Descendants? Trust

Put Option (obligation to buy)

$ 38

04/04/2012

170

04/04/2012

05/18/2012

Common Stock

17,000

$ 263

17,000

I ⁽²⁾ ⁽⁴⁾

By Douglas Family Trust

Put Option (obligation to buy)

$ 38

04/04/2012

100

04/04/2012

05/18/2012

Common Stock

10,000

$ 263

10,000

I ⁽²⁾ ⁽⁵⁾

By James E Douglas III

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
DOUGLAS KEVIN 125 E. SIR FRANCIS DRAKE BLVD., STE 400 LARKSPUR, CA 94939		X		13(d)(3) group
DOUGLAS FAMILY TRUST 125 E. SIR FRANCIS DRAKE BLVD., STE 400 LARKSPUR, CA 94939		X		13(d)(3) group
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST 125 E. SIR FRANCIS DRAKE BLVD., STE 400 LARKSPUR, CA 94939		X		13(d)(3) group
DOUGLAS JAMES E III 125 E. SIR FRANCIS DRAKE BLVD., STE 400 LARKSPUR, CA 94939		X		13(d)(3) group

Signatures

/s/ Eileen Wheatman, attorney in fact for Kevin Douglas		04/19/2012
^**Signature of Reporting Person		Date
/s/ Eileen Wheatman, attorney in fact for Douglas Family Trust		04/19/2012
^**Signature of Reporting Person		Date
/s/ Eileen Wheatman, attorney in fact for James Douglas and Jean Douglas Irrevocable Descendants? Trust		04/19/2012
^**Signature of Reporting Person		Date
/s/ Eileen Wheatman, attorney in fact for James E. Douglas III		04/19/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	These shares are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.
(2)	Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
(3)	These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.
(4)	These shares are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.
(5)	These shares are held directly by James E. Douglas III and indirectly by Kevin Douglas.

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