AMERICAN SUPERCONDUCTOR CORP /DE/ — Director's Dealing 2011

Jan 20, 2011

SEC Form 4/A — Form 4/A

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2010-12-17

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
2010-12-17	Common Stock	P	80000	$28.87	Acquired	2709328	Direct

Footnotes

F1: These shares are held directly and jointly by Kevin Douglas and Michelle Douglas

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.