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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ANGK/FBD5UtjsdlO5ckYD8l+r9SfarmX/L0HgFmeyz7Yi79Mb6/mKjO+ebytKguD
 ezx9TSPbe8dXgRSumPKFbA==

<SEC-DOCUMENT>/in/edgar/work/20000707/0000064463-00-000038/0000064463-00-000038.txt : 20000920
<SEC-HEADER>0000064463-00-000038.hdr.sgml : 20000920
ACCESSION NUMBER:		0000064463-00-000038
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000619
FILED AS OF DATE:		20000707

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MECHANICAL TECHNOLOGY INC
		CENTRAL INDEX KEY:			0000064463
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3829
]		IRS NUMBER:				141462255
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0930
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		3
			SEC ACT:		
			SEC FILE NUMBER:	000-06890
			FILM NUMBER:		668994
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		325 WASHINGTON AVENUE EXTENSION
				CITY:			ALBANY
				STATE:			NY
				ZIP:			12205-5505
				BUSINESS PHONE:		5184332170
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		968 ALBANY SHAKER RD
					STREET 2:		968 ALBANY SHAKER RD
					CITY:			LATHAM
					STATE:			NY
					ZIP:			12110
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<REPORTING-OWNER>

					COMPANY DATA:	
						COMPANY CONFORMED NAME:			MECHANICAL TECHNOLOGY INC
						CENTRAL INDEX KEY:			0000064463
						STANDARD INDUSTRIAL CLASSIFICATION:	 [3829
]<RELATIONSHIP>OFFICER
						IRS NUMBER:				141462255
						STATE OF INCORPORATION:			NY
						FISCAL YEAR END:			0930
</COMPANY-DATA>

						FILING VALUES:
							FORM TYPE:		3
</FILING-VALUES>

							BUSINESS ADDRESS:	
								STREET 1:		325 WASHINGTON AVENUE EXTENSION
								CITY:			ALBANY
								STATE:			NY
								ZIP:			12205-5505
								BUSINESS PHONE:		5184332170
</BUSINESS-ADDRESS>

								MAIL ADDRESS:	
									STREET 1:		968 ALBANY SHAKER RD
									STREET 2:		968 ALBANY SHAKER RD
									CITY:			LATHAM
									STATE:			NY
									ZIP:			12110
</MAIL-ADDRESS>
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>0001.htm
<TEXT>

<HTML>
<HEAD>SEC Form 3
</HEAD>
<BODY>
<font face='Tahoma'>
<TABLE width="1272 pixels" border="1">
<TR>
<TD width="254 pixels" valign="center"> <center><B><font size="4">FORM 3</B></center>
</TD>
<TD width="764 pixels" valign="center"><center><b>UNITED STATES SECURITIES AND EXCHANGE COMMISSION<BR><center><font size="1">Washington, D.C.&nbsp;&nbsp;20549</b></center><br><font size="2"><b>INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES</b><br>
<br><font size="1">Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility<br>Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940<center>
</TD>
<TD width="254 pixels"><center><font size="1">OMB APPROVAL</center><br><hr width="98%"><br>OMB Number: 3235-0104<br>Expires: December 31, 2001<br>Estimated average burden<br>hours per response. . . . . 0.5
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="1">
<TR>
<TD width="446 pixels"> <font size="1">1. Name and Address of Reporting Person<sup>*</sup><br><b>Acker, William&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;P.</b><hr width="98%"><center> (Last) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
(First) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;(Middle)</center><b>30 South Pearl Street<br></b><br><hr width="98%"><center>(Street)</center><b>Albany, NY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12207</b><br><hr width="98%"><center> (City) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
(State) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;(Zip)</center><br>
</TD>
<TD width="190 pixels"valign="top"><font size="1">2. Date of Event<br>&nbsp;&nbsp;&nbsp;&nbsp;Requiring Statement<br>&nbsp;&nbsp;&nbsp;(Month/Day/Year)<b><center>June 19, 2000</center></b><hr width="98%">3. I.R.S. Identification<br>&nbsp;&nbsp;&nbsp;&nbsp;
Number of Reporting<br>&nbsp;&nbsp;&nbsp;&nbsp;Person, if an entity<br>&nbsp;&nbsp;&nbsp;&nbsp;(voluntary)<br>
</TD>
<TD width="382 pixels"valign="top"><font size="1">4. Issuer Name and Ticker or Trading Symbol<br><b>Mechanical Technology Incorporated &nbsp; MKTY</b><hr width="98%">5. Relationship of Reporting Person(s) to Issuer<br><center>(Check all applicable)</center>
<br><u>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u> Director &nbsp; <u>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u> 10% Owner<br><u>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<b>
X</b>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u> Officer &nbsp; &nbsp; <u>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u> Other<br><br>Officer/Other<br>Description &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <u><b>President</u></b>

</TD>
<TD width="254 pixels"valign="top"><font size="1">6. If Amendment, Date of<br> &nbsp; &nbsp;Original (Month/Day/Year)<br><br><hr width="98%">7. Individual or Joint/Group<br> &nbsp; &nbsp; Filing (Check Applicable Line)<br><br><u> <b>X</b> </u> &nbsp;
Individual Filing<br><u> &nbsp; &nbsp; </u> &nbsp; Joint/Group Filing
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="1">
<TR>
<TD width="100%"valign="top"><font size="1"><center><b>Table I - Non-Derivative Securities Beneficially Owned</b></center>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="1">
<TR>
<TD width="446 pixels"valign="top"><font size="1">1. Title of Security<br> &nbsp; &nbsp;(Instr. 4)<br><br>
</TD>
<TD width="254 pixels"valign="top"><font size="1">2. Amount of Securities Beneficially Owned<br> &nbsp; &nbsp; (Instr. 4)<br>
</TD>
<TD width="190 pixels"valign="top"><font size="1">3. Ownership Form :<br> &nbsp; &nbsp; (D) Direct<br> &nbsp; &nbsp; (I) Indirect &nbsp; &nbsp; (Instr. 5)<br>
</TD>
<TD width="382 pixels"valign="top"><font size="1">4. Nature of Beneficial Ownership<br> &nbsp; &nbsp; (Instr. 5)<br><br>
</TD>
</TR>
<TR>
<TD width="446 pixels"><br>
</TD>
<TD width="254 pixels"><br>
</TD>
<TD width="190 pixels"><br>
</TD>
<TD width="382 pixels"><br>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="0">
<TR>
<font size="1">Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.<br>* If the form is filed by more than one reporting person, see Instruction 5(b)(v).<br><br><font size="1"><p align="right">(over)<br>
SEC 1473 (3-99)</p>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="0">
<TR>
<TD width="100%"><hr width="98%">
</TR>
</TABLE>
<TABLE width="1272 pixels" border="0">
<TR>
<TD width="100%" align="right"><b>Acker, William P. - June 2000</b><br>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="0">
<TR>
<TD width="100%"><b>Form 3 (continued)</b>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="1">
<TR>
<TD width="100%"valign="top"><font size="1"><center><b>Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)</b></center>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="1">
<TR valign="top">
<TD width="288 pixels"><font size="1">1. Title of Derivative Security<br> &nbsp; &nbsp; (Instr. 4)
</TD>
<TD width="240 pixels"valign="top"><font size="1">2. Date Exercisable(DE) and Expiration Date(ED)<br><br><br><br><br><hr width="98%"><center>&nbsp; (DE) &nbsp; &nbsp; | &nbsp; &nbsp; (ED) &nbsp;</center>
</TD>
<TD width="312 pixels"valign="top"><font size="1">3. Title and Amount of of Underlying Security<br> &nbsp; &nbsp; (Instr. 4)
</TD>
<TD width="120 pixels"valign="top"><font size="1">4. Conversion or<br> &nbsp; &nbsp; Exercise Price
</TD>
<TD width="120 pixels"valign="top"><font size="1">5. Ownership<br> &nbsp; &nbsp; Form<br> &nbsp; &nbsp; (D) Direct<br> &nbsp; &nbsp; or<br> &nbsp; &nbsp; (I) Indirect<br> &nbsp; &nbsp; (Instr. 5)
</TD>
<TD width="192 pixels"valign="top"><font size="1">6. Nature of Indirect<br> &nbsp; &nbsp; Beneficial Ownership<br> &nbsp; &nbsp; (Instr. 5)
</TD>
</TR>
<TR>
<TD width="288 pixels"valign="top"><font size="1"><b>Employee Stock Options (Rights to Buy)
</TD>
<TD width="240 pixels"valign="top"><font size="1"><center><b>06/19/2000 (1)</b> | <b>06/18/2010</b></center>
</TD>
<TD width="312 pixels"valign="top"><font size="1"><b><b>Common Stock</b> - <b>175,000.00</b>
</TD>
<TD width="120 pixels"align="right"><font size="1"><b>$10.652
</TD>
<TD width="120 pixels"><font size="1"><b><center>D</center>
</TD>
<TD width="192 pixels"><font size="1"><b>&nbsp;</b>
</TD>
</TR>
<TR>
<TD width="288 pixels"><font size="1"><br>
</TD>
<TD width="240 pixels"><font size="1"> &nbsp;
</TD>
<TD width="312 pixels"><font size="1"> &nbsp;
</TD>
<TD width="120 pixels"><font size="1"> &nbsp;
</TD>
<TD width="120 pixels"><font size="1"> &nbsp;
</TD>
<TD width="192 pixels"><font size="1"> &nbsp;
</TD>
</TR>
</TABLE>
<font size="1">Explanation of Responses : <br><br><br>
<TABLE width="1272 pixels" border="0">
<TR>
<TD width="60%"valign="top"><font size="1">** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.<br>&nbsp; &nbsp; &nbsp; &nbsp; See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).<br><br>Note: &nbsp; File three copies of this
Form, one of which must be manually signed.  If space is insufficient,<br>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; See Instruction 6 for procedure.<br><br>Potential persons who are to respond to the collection of information contained in this form are not<br>required to respond unless the form displays a currently valid
OMB number.
</TD>
<TD width="40%"valign="top"><font size="1">________________________________ &nbsp; &nbsp; &nbsp; &nbsp; <u><b> &nbsp; &nbsp;07-07-2000 &nbsp; &nbsp;</b></u><br>** Signature of Reporting Person &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
&nbsp; &nbsp; &nbsp; Date<br><br><b><br>William P. Acker</b><br><br><br><p align="right">Page 2<br>SEC 1473 (3-99)</p>
</TD>
</TR>
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<TABLE width="1272 pixels" border="0">
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<TD width="100%"><hr width="98%">
</TR>
</TABLE>
<TABLE width="1272 pixels" border="0">
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<TD width="100%" align="right"><b>Acker, William P. - June 2000</b><br>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="0">
<TR>
<TD width="100%"><b>Form 3 (continued)</b>
</TD>
</TR>
</TABLE>
<TABLE width="1272 pixels" border="1">
<TR>
<TD width="100%"><center><b>FOOTNOTE Descriptions for Mechanical Technology Incorporated MKTY</b></center>
<p align="right">Form 3 - June 2000</p>
<b><font size="2">William P. Acker<br>30 South Pearl Street<br><br>Albany, NY 12207<br><hr width="98%">Explanation of responses:<br><br></b>
<font size="1"><b>(1) &nbsp; Options vest annually at a rate of 25% per year, beginning 06/19/2000.</b><br>
</TD>
</TR>
</TABLE>
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<TD width="100%" align="right">
<font size="1">Page 3
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</DOCUMENT>
</SEC-DOCUMENT>
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