AMERICAN SUPERCONDUCTOR CORP /DE/ — Director's Dealing 2012

Nov 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2012-11-27

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
2012-11-27	Common Stock	P	67148	$2.77	Acquired	3699798	Direct
2012-11-27	Common Stock	P	55398	$2.77	Acquired	3814666	Indirect
2012-11-27	Common Stock	P	28538	$2.77	Acquired	2027914	Indirect
2012-11-27	Common Stock	P	16787	$2.77	Acquired	1208293	Indirect
2012-11-28	Common Stock	P	96458	$2.60	Acquired	3796256	Direct
2012-11-28	Common Stock	P	79578	$2.60	Acquired	3894244	Indirect
2012-11-28	Common Stock	P	40995	$2.60	Acquired	2068909	Indirect
2012-11-28	Common Stock	P	24115	$2.60	Acquired	1232408	Indirect
2012-11-29	Common Stock	P	38505	$2.60	Acquired	3834761	Direct
2012-11-29	Common Stock	P	31766	$2.60	Acquired	3926010	Indirect
2012-11-29	Common Stock	P	16364	$2.60	Acquired	2085273	Indirect
2012-11-29	Common Stock	P	9626	$2.60	Acquired	1242034	Indirect

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.

F3: These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas and 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.

F4: These shares are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.

F5: These shares are held directly by James E. Douglas III and indirectly by Kevin Douglas.