UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
WOODLAND, GARTH B.
7017 SOUTH FAIRFAX ST.
LITTLETON, CO 80122
USA
2. Date of Event Requiring Statement (Month/Day/Year)
FEBRUARY 24, 2000
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
ONLINE POWER SUPPLY, INC.
OPWR
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
VP-ENGINEERING, R & D
6. If Amendment, Date of Original (Month/Day/Year)
MARCH 6, 2000
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
$.0001 Par Value Common Stock |60,000 |D |In joint tenancy with spouse |
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
Right to Buy (ISOP) (|12/16/98 |12/15/01 |$.0001 Par Value Common|25,000 |$2.88 |D | |
a) | | | Stock | | | | |
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Right to Buy (ISOP) (|12/14/99 |12/13/09 |$.0001 Par Value Common|11,032 |$5.62 |D | |
a) | | | Stock | | | | |
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Right to Buy (Nonqual|09/01/99 |09/01/09 |$.0001 Par Value Common|523,000 |$3.00 |D | |
ified) (b) | | | Stock | | | | |
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Right to Buy (Nonqual|09/01/00 |08/31/09 |$.0001 Par Value Common|500,000 |$3.00 |D | |
ified) (c) | | | Stock | | | | |
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</TABLE>
Explanation of Responses:
This amendment is filed to correct information relating to stock option
exercise and expiration dates.
(a) Stock options exempt under Rule 16b-3 granted under the Issuer's Incentive
Stock Option Plan ("ISOP"), which
Plan is qualified under Section 422 of the Internal Revenue Code.
(b) Stock option exempt under Rule 16b-3. These options were not issued under
the Issuer's Incentive Stock
Option Plan ("ISOP"), which Plan is qualified under Section 422 of the Internal
Revenue Code.
(c) Stock option exempt under Rule 16b-3. These options were not issued under
the Issuer's Incentive Stock
Option Plan ("ISOP"), which Plan is qualified under Section 422 of the Internal
Revenue Code. Options were
granted on September 1, 1999, and vest 20% annually beginning on September 1,
2000. Each vested portion of
the option has a five year exercisable
term.
SIGNATURE OF REPORTING PERSON
/s/ GARTH B. WOODLAND
DATE
November 10, 2000
