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 *
Spring Mountain Capital, LLC
  2. Issuer Name and Ticker or Trading Symbol
GREENMAN TECHNOLOGIES INC [GMTI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O SPRING MOUNTAIN CAPITAL, 65 EAST 55TH ST., 33RD FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2012
(Street)

NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
07/03/2012
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
Common Stock 06/30/2012   J(1)   37,895 A $ 0.7037 37,895 D (1)  
Common Stock 06/30/2012   J(2)   23,684 A $ 0.7037 23,684 D (2)  
Common Stock 06/30/2012   J(3)(4)   71,053 A $ 0.7037 71,053 I See footnotes (3) (4)
Common Stock 06/30/2012   J(5)(6)   82,658 A $ 0.7037 82,658 I See footnotes (5) (6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Spring Mountain Capital, LLC
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH ST., 33RD FLOOR
NEW YORK, NY 10022
  X   X    
SMC Select Co-Investment Fund I LP
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    
SMC Select Co-Investment I GP, LLC
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    
SMC Reserve Fund II LP
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    
Spring Mountain Capital G.P., LLC
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    
Spring Mountain Capital, LP
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    
Steffens John
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    
Ho Gregory P.
C/O SPRING MOUNTAIN CAPITAL
65 EAST 55TH STREET, 33RD FLOOR
NEW YORK, NY 10022
  X   X    

Signatures

 /s/ John L. Steffens   07/19/2012
**Signature of Reporting Person Date

 /s/ Gregory P. Ho   07/19/2012
**Signature of Reporting Person Date

 SMC SELECT CO-INVESTMENT FUND I, LP, By: SMC Select Co-Investment I GP, LLC, General Partner, By: Spring Mountain Capital G.P., LLC, Member, By: /s/ Gregory P. Ho, Gregory P. Ho, Managing Member   07/19/2012
**Signature of Reporting Person Date

 SMC RESERVE FUND II, LP, By: Spring Mountain Capital G.P., LLC, General Partner, By: /s/ Gregory P. Ho, Gregory P. Ho, Managing Member   07/19/2012
**Signature of Reporting Person Date

 SMC SELECT CO-INVESTMENT I GP, LLC, By: Spring Mountain Capital G.P., LLC, Member, By: /s/ Gregory P. Ho, Gregory P. Ho, Managing Member   07/19/2012
**Signature of Reporting Person Date

 SPRING MOUNTAIN CAPITAL G.P., LLC, By: /s/ Gregory P. Ho, Gregory P. Ho, Managing Member   07/19/2012
**Signature of Reporting Person Date

 SPRING MOUNTAIN CAPITAL, LP, By: Spring Mountain Capital, LLC, General Partner, By: /s/ Gregory P. Ho, Gregory P. Ho, Managing Member   07/19/2012
**Signature of Reporting Person Date

 SPRING MOUNTAIN CAPITAL, LLC, By: /s/ Gregory P. Ho, Gregory P. Ho, Managing Member   07/19/2012
**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) The reporting person is amending the Form 4 originally filed to report this share issuance, for the purpose of correcting the number and price of the shares issued. SMC Reserve Fund II, LP ("SMC Reserve II") received 37,895 shares of the Issuer's common stock as a payment-in-kind dividend on 160 shares of the Issuer's 10% Convertible Preferred Stock ("Preferred Stock") owned at the time of the dividend payment date.
(2) The reporting person is amending the Form 4 originally filed to report this share issuance, for the purpose of correcting the number and price of the shares issued. SMC Select Co-Investment Fund I, LP ("SMC Co-Investment") received 23,684 shares of the Issuer's common stock as a payment-in-kind dividend on 100 shares of the Issuer's Preferred Stock owned at the time of the dividend payment date. SMC Select Co-Investment I GP, LLC is the general partner of SMC Co-Investment ("SMC Co-Investment GP") and pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, it may be deemed to be the beneficial owner of any securities reported herein that are beneficially owned by SMC Co-Investment. SMC Co-Investment GP disclaims beneficial ownership with respect to any shares of common stock except to the extent of its pecuniary interest therein.
(3) The reporting person is amending the Form 4 originally filed to report this share issuance, for the purpose of correcting the number and price of the shares issued. Spring Mountain Capital G.P., LLC ("Spring Mountain GP") is the general partner to SMC Reserve II and SMC Reserve Fund II Offshore, LP ("SMC Reserve II Offshore"), which is not a reporting person, and is the sole member of SMC Co-Investment GP. Entities over which Spring Mountain GP is deemed to have voting and investment control received an aggregate of 71,053 shares of the Issuer's common stock as a payment-in-kind dividend on 300 shares of the Issuer's Preferred Stock owned at the time of the dividend payment date. Spring Mountain Capital, LP ("SMC LP") acts as investment manager to SMC Reserve II, SMC Reserve II Offshore and SMC Co-Investment. Spring Mountain Capital, LLC ("SMC LLC") is the general partner of SMC LP. (Continued in footnote 4)
(4) (Continued fromm footnote 3) Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of Spring Mountain GP, SMC LP and SMC LLC may be deemed to be the beneficial owner of any securities reported herein that are beneficially owned by SMC Reserve II, SMC Reserve II Offshore and SMC Co-Investment. Each of Spring Mountain GP, SMC LP and SMC LLC disclaims beneficial ownership with respect to any shares of common stock except to the extent of its pecuniary interest therein. Spring Mountain GP has the right to appoint two Directors of the Issuer and currently, Avi Faliks and Jamie Weston, employees of SMC LP, have been appointed as Directors of the Issuer. The reporting persons may be deemed to be Directors by deputization by reason of Mr. Faliks and Mr. Weston, and any successor appointees, serving as Directors of the Issuer.
(5) The reporting person is amending the Form 4 originally filed to report this share issuance, for the purpose of correcting the number and price of the shares issued. Mr. John L. Steffens and Mr. Gregory P. Ho are managing members of Spring Mountain GP and SMC LLC, and are also partners in SMC Employees Partnership ("SMC EP"). Entities over which Mr. Steffens and Mr. Ho are deemed to have voting and investment control received an aggregate of 82,658 shares of the Issuer's common stock as a payment-in-kind dividend on 349 shares of the Issuer's Preferred Stock owned at the time of the dividend payment date. (Continued in footnote 6)
(6) (Continued from footnote 5) Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of Mr. Steffens and Mr. Ho may be deemed to be the beneficial owner of any securities reported herein that may be deemed to be beneficially owned by SMC Reserve II, SMC Reserve II Offshore, SMC Co-Investment and SMC EP. Each of Mr. Steffens and Mr. Ho disclaims beneficial ownership with respect to any shares of common stock except to the extent of his pecuniary interest therein.

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