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AMERICAN SUPERCONDUCTOR CORP /DE/ Director's Dealing 2010

Dec 21, 2010

31453_dirs_2010-12-21_5d8491ee-aa81-4f98-88e5-407333829ded.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2010-11-04

Reporting Person: DOUGLAS KEVIN (10% Owner, 13(d)(3) group)
Reporting Person: Douglas Michelle (10% Owner, 13(d)(3) group)
Reporting Person: DOUGLAS FAMILY TRUST (10% Owner, 13(d)(3) group)
Reporting Person: JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST (10% Owner, 13(d)(3) group)
Reporting Person: DOUGLAS JAMES E III (10% Owner, 13(d)(3) group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-04 Common Stock P 47080 $37.54 Acquired 2509328 Direct
2010-11-04 Common Stock P 38841 $37.54 Acquired 1747930 Indirect

Footnotes

F1: These shares are held directly and jointly by Kevin Douglas and Michelle Douglas. Beneficial ownership of these shares by Kevin Douglas was previously reported on the Form 4 filed on November 5, 2010 which is amended by this Form 4/A.

F2: Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.

F3: These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Michelle Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust. Beneficial ownership of these shares by Kevin Douglas and the Trust was previously reported on the Form 4 filed on November 5, 2010 which is amended by this Form 4/A.
This amendment is being filed solely to reflect Michelle Douglas's beneficial ownership of the shares as a 10% shareholder.