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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Marks Dean Richard
2. Issuer Name and Ticker or Trading Symbol

Premier Power Renewable Energy, Inc. [ PPRW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

4961 WINDPLAY DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

10/31/2008
(Street)

EL DORADO HILLS, CA 95762
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   10/31/2008     S    920000   D   (1) 12154215   D    
Common stock   10/31/2008     J    333841   D   (2) 11234215   D    
Common stock   8/28/2009     A    200   A $0   11234415   I   By wife  
Common stock   9/15/2010     A    3700   A $1.35   11238115   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Stock Option   $4.675   1/9/2009     A      83932         (3) 1/9/2019   Common stock   83932   $0   83932   D    
Stock option   $4.25   1/9/2009     A      27000         (3) 1/9/2019   Common stock   27000   $0   27000   I   By wife  
Stock option   $2.2   2/19/2010     A      13000         (4) 2/19/2020   Common stock   13000   $0   13000   I   By wife  

Explanation of Responses:
( 1)  This reporting person sold the securities reported in Column 4 in a private sale along with an option for the buyer to purchase an additional 533,333 shares of the issuer's common stock in exchange for aggregate consideration of $1,840,000. The shares subject to the option were deposited with an escrow agent.
( 2)  The securities reported in Column 4 were transferred for no consideration to another officer of the issuer who sold his own shares of the issuer's common stock and an option to purchase such officer's shares of the issuer's common stock to the same buyer described in footnote 1. These securities along with a number of the other officer's own shares of the issuer's common stock were subject to the option and were deposited with an escrow agent. This reporting person transferred the reported securities to the other officer due to a limitation on the number of shares of common stock held by the other officer that could be deposited with the escrow agent during a restriction period. If the option is not fully excercised by the buyer during the option term or by the end of the restriction period, any remaining portion of these securities will be transferred back to this reporting person.
( 3)  This stock award vests in equal annual amounts over five (5) years from the date of grant, January 9, 2009.
( 4)  This stock award vests in equal annual amounts over four (4) years from the date of grant, February 19, 2010.

Remarks:
This reporting person is not currently required to report under Section 16(a) as the issuer's equity securities are not currently registered under Section 12 of the 1934 Act.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Marks Dean Richard
4961 WINDPLAY DRIVE
SUITE 100
EL DORADO HILLS, CA 95762
X
Chief Executive Officer

Signatures
/s/ Dean Richard Marks 9/30/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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