Date of Report (Date of earliest event reported): October 20, 2010

UQM Technologies, Inc.
(Exact name of registrant as specified in its charter)

4120 Specialty Place
Longmont, Colorado 80504
(Address of principal executive offices, including zip code)

(303) 682-4900
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

On October 20, 2010, UQM Technologies, Inc. (the "Company") and Eric Ridenour, the Company's President and Chief Operating Officer, amended the award terms of the 67,873 shares of restricted common stock granted to him on September 1, 2010 (the "Shares"). Pursuant to the Amendment to Restricted Stock Grant, a copy of which is filed herewith as Exhibit 10.1, vesting of the Shares has been accelerated and certain other ancillary restrictions with respect to the Shares have been terminated. As a result, all of the Shares became fully vested as of October 20, 2010.

(d) Exhibits.

Exhibit Number	Description
10.1	Amendment dated October 20, 2010 to Restricted Stock Grant Agreement between UQM Technologies, Inc. and Eric Ridenour.

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.