Form: 3

Initial statement of beneficial ownership of securities

February 21, 2007

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Gushard Adam

(Last) (First) (Middle)
C/O EMCORE CORPORATION
10420 RESEARCH ROAD SE

(Street)
ALBUQUERQUE NM 87123

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/19/2007
3. Issuer Name and Ticker or Trading Symbol
EMCORE CORP [ EMKR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
interimChief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 8,648 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 05/01/2003(1) (2) Common Stock 67,000 1.82 D
Employee Stock Option (right to buy) (3) 05/18/2014 Common Stock 17,500 2.63 D
Employee Stock Option (right to buy) (4) 02/28/2015 Common Stock 27,500 3 D
Employee Stock Option (right to buy) 12/29/2005 12/29/2015 Common Stock 1,598 7.32 D
Employee Stock Option (right to buy) (5) 08/28/2016 Common Stock 45,000 7.29 D
Explanation of Responses:
1. The Option is fully vested. The Option was granted on May 1, 2003 as part of a 6+1 exchange program pursuant to which the employee surrendered all previous options and was granted a new option.
2. This option expires as follows: 10,000 shares on 12/15/2007, 17,000 shares on 12/1/08, 8,000 shares on 4/14/2010, 5,000 shares on 4/26/2012, 17,500 shares on 10/3/2011, 7,500 shares on 4/4/2011, 2,000 shares on 3/2/2011.
3. This option vests in four equal tranches beginning on 5/18/2005.
4. This option vests in four equal tranches beginning on 2/28/2006.
5. This option vests in four equal tranches beginning on 8/28/2007
Remarks:
Adam Gushard 02/21/2007
** 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 5 (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.

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