SEC Filing | AMSC

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SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

YUREK GREGORY J

(Last)

(First)

(Middle)

64 JACKSON ROAD

(Street)

DEVENS

01434

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN SUPERCONDUCTOR CORP /DE/ [ AMSC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chairman, President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2008

4. 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 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2008		M⁽¹⁾		125,000	A	$25.625	0	D
Common Stock	06/10/2008		S⁽¹⁾		900	D	$43.17	0	D
Common Stock	06/10/2008		S⁽¹⁾		600	D	$43.15	0	D
Common Stock	06/10/2008		S⁽¹⁾		190	D	$43	0	D
Common Stock	06/10/2008		S⁽¹⁾		100	D	$42.98	0	D
Common Stock	06/10/2008		S⁽¹⁾		100	D	$42.97	0	D
Common Stock	06/10/2008		S⁽¹⁾		100	D	$42.94	0	D
Common Stock	06/10/2008		S⁽¹⁾		390	D	$42.93	0	D
Common Stock	06/10/2008		S⁽¹⁾		310	D	$42.92	0	D
Common Stock	06/10/2008		S⁽¹⁾		900	D	$42.91	0	D
Common Stock	06/10/2008		S⁽¹⁾		300	D	$42.9	0	D
Common Stock	06/10/2008		S⁽¹⁾		1,200	D	$42.89	0	D
Common Stock	06/10/2008		S⁽¹⁾		900	D	$42.88	0	D
Common Stock	06/10/2008		S⁽¹⁾		300	D	$42.86	0	D
Common Stock	06/10/2008		S⁽¹⁾		74	D	$42.85	0	D
Common Stock	06/10/2008		S⁽¹⁾		100	D	$42.83	0	D
Common Stock	06/10/2008		S⁽¹⁾		200	D	$42.82	0	D
Common Stock	06/10/2008		S⁽¹⁾		200	D	$42.81	0	D
Common Stock	06/10/2008		S⁽¹⁾		300	D	$42.8	0	D
Common Stock	06/10/2008		S⁽¹⁾		800	D	$42.78	0	D
Common Stock	06/10/2008		S⁽¹⁾		830	D	$42.77	0	D
Common Stock	06/10/2008		S⁽¹⁾		1,200	D	$42.76	0	D
Common Stock	06/10/2008		S⁽¹⁾		200	D	$42.75	0	D
Common Stock	06/10/2008		S⁽¹⁾		600	D	$42.72	0	D
Common Stock	06/10/2008		S⁽¹⁾		700	D	$42.71	0	D
Common Stock	06/10/2008		S⁽¹⁾		826	D	$42.7	0	D
Common Stock	06/10/2008		S⁽¹⁾		3,500	D	$42.69	0	D
Common Stock	06/10/2008		S⁽¹⁾		400	D	$42.68	0	D
Common Stock	06/10/2008		S⁽¹⁾		1,560	D	$42.67	315,878⁽²⁾	D
Common Stock								752⁽³⁾	I	By 401(k) Plan

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 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option(right to buy)	$25.625	06/10/2008		M⁽¹⁾			125,000	⁽⁴⁾	04/11/2010	Common Stock	125,000	$0	125,000	D

Explanation of Responses:

1. The stock option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on September 12, 2007, as amended.

2. Following all the transactions reported on this Form 4, the reporting person holds 315,878 shares directly.

3. Following all the transactions reported on this Form 4, the reporting person holds 752 shares indirectly through the company's 401(k) plan as of April 30, 2008.

4. The option was fully vested as of April 11, 2005.

	/s/ Gregory J. Yurek	06/12/2008
	** 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 Number.