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AMERICAN SUPERCONDUCTOR CORP /DE/ Director's Dealing 2007

Dec 4, 2007

31453_dirs_2007-12-04_80f2f135-cd68-4098-adcc-1ba4256e1245.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2007-12-03

Reporting Person: STANKIEWICZ CHARLES W (EVP, AMSC Power Systems)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-12-03 Common Stock M 202 $12.063 Acquired 0 Direct
2007-12-03 Common Stock M 5895 $10.75 Acquired 0 Direct
2007-12-03 Common Stock S 6097 $24.75 Disposed 31000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-12-03 Stock Option (right to buy) $12.063 M 202 Disposed 2008-07-06 Common Stock (202) Direct
2007-12-03 Stock Option (right to buy) $10.75 M 5895 Disposed 2009-04-20 Common Stock (5895) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3414 Indirect

Footnotes

F1: The stock option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2007.

F2: Following all the transactions reported on this Form 4, the reporting person holds 31,000 shares directly.

F3: Following all the transactions reported on this Form 4, the reporting person holds 3,414 shares indirectly through the company's 401(k) plan as of September 30, 2007.

F4: The option was fully vested as of July 6, 2003.

F5: The option was fully vested as of April 20, 2004.