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AMERICAN SUPERCONDUCTOR CORP /DE/ Director's Dealing 2007

Nov 8, 2007

31453_dirs_2007-11-08_98b934be-a1eb-4b83-9b23-95666601ad6a.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: 2007-11-06

Reporting Person: MALOZEMOFF ALEXIS P (EVP & Chief Technical Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-11-06 Common Stock M 16000 $12.563 Acquired 0 Direct
2007-11-06 Common Stock S 3448 $28.10 Disposed 0 Direct
2007-11-06 Common Stock S 600 $28.11 Disposed 0 Direct
2007-11-06 Common Stock S 100 $28.12 Disposed 0 Direct
2007-11-06 Common Stock S 600 $28.16 Disposed 0 Direct
2007-11-06 Common Stock S 400 $28.17 Disposed 0 Direct
2007-11-06 Common Stock S 500 $28.19 Disposed 0 Direct
2007-11-06 Common Stock S 1800 $28.39 Disposed 0 Direct
2007-11-06 Common Stock S 100 $28.40 Disposed 0 Direct
2007-11-06 Common Stock S 952 $28.45 Disposed 0 Direct
2007-11-06 Common Stock S 3000 $28.48 Disposed 0 Direct
2007-11-06 Common Stock S 100 $28.73 Disposed 0 Indirect
2007-11-06 Common Stock S 1500 $28.75 Disposed 0 Indirect
2007-11-06 Common Stock S 1400 $28.76 Disposed 0 Indirect
2007-11-07 Common Stock S 1000 $28.64 Disposed 0 Indirect
2007-11-07 Common Stock S 100 $28.65 Disposed 0 Indirect
2007-11-07 Common Stock S 300 $28.69 Disposed 0 Indirect
2007-11-07 Common Stock S 100 $28.71 Disposed 83500 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-11-06 Stock Option(right to buy) $12.563 M 16000 Disposed 2008-05-14 Common Stock (16000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3500 Indirect

Footnotes

F1: The stock option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 6, 2007.

F2: The sales reported on this Form 4 represents 4,500 shares of stock held indirectly in two trusts of which he is co-trustee.

F3: Following all the transactions reported on this Form 4, the reporting person holds 83,500 shares directly.

F4: Following all the transactions reported on this Form 4, the reporting person holds 3,500 shares indirectly through the company's 401(k) plan as of September 30, 2007.

F5: The option was fully vested as of May 14, 2003.