AMERICAN SUPERCONDUCTOR CORP /DE/ — Director's Dealing 2015

May 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2015-05-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-09	Common Stock	F	1486	$6.51	Disposed	36963	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	815	Indirect

Footnotes

F1: Represents shares tendered to satisfy the reporting person's tax withholding obligation upon the vesting on May 9, 2015 of restricted stock awarded on October 25, 2012; not an open market transaction.

F2: Following all the transactions reported on this Form 4, the reporting person holds 36,963 shares directly. Ownership reflects 1-for-10 reverse split effected on March 24, 2015, and the transfer of 5,420 shares to the reporting person's ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.

F3: Following all the transactions reported on this Form 4, the reporting person holds 815 shares indirectly through the company's 401(k) plan as of April 30, 2015. Ownership reflects 1-for-10 reverse split effected on March 24, 2015, and the transfer of 729 shares held through the company's 401(k)plan to the reporting person's ex-wife pursuant to a domestic relations order.