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

May 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2012-05-12

Reporting Person: McGahn Daniel P (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-12	Common Stock	F	634	$4.03	Disposed	118856	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2547	Indirect

Footnotes

F1: Represents shares tendered to satisfy the reporting person's tax withholding obligation upon the vesting on May 12, 2012 of restricted stock awarded on May 12, 2009; not an open market transaction.

F2: Following all the transactions reported on this Form 4, the reporting person holds 118,856 shares directly.

F3: Following all the transactions reported on this Form 4, the reporting person holds 2,547 shares indirectly through the company's 401(k) plan as of April 30, 2012.