AMERICAN SUPERCONDUCTOR CORP /DE/ — Director's Dealing 2007

Jul 11, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2007-07-09

Reporting Person: HENRY DAVID A (SVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-09	Common Stock	A	58000	—	Acquired	58000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-09	Stock Option (Right to buy)	$21.87	A	90000	Acquired	2017-07-09	Common Stock (90000)	Direct

Footnotes

F1: Following all the transactions reported on this Form 4, the reporting person holds 58,000 shares directly.

F2: The options vest in their entirety on July 9, 2010.