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

May 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2012-05-09

Reporting Person: Poor Timothy D. (EVP, Bus. Dev. & Wind Segment)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-09	Stock Option (Right to buy)	$4.09	A	42000	Acquired	2022-05-09	Common Stock (42000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2271	Indirect

Footnotes

F1: Following all the transactions reported on this Form 4, the reporting person holds 2,271 shares indirectly through the company's 401(k) plan as of April 30, 2012.

F2: The options vest in three equal annual installments beginning May 9, 2013.