AMERICAN SUPERCONDUCTOR CORP /DE/ — Director's Dealing 2017

May 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK: 0000880807
Period of Report: 2017-05-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-14	Common Stock	F	15655	$4.06	Disposed	125568	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3459	Indirect

Footnotes

F1: Represents shares tendered to satisfy the reporting person's tax withholding obligation upon the vesting on May 14, 2017 of restricted stock awarded on May 14 2015; not an open market transaction.

F2: Following all the transactions reported on this Form 4, the reporting person holds 125,568 shares directly.

F3: Following all the transactions reported on this Form 4, the reporting person holds 3,459 shares indirectly through the company's 401(k) plan as of April 30, 2017.