Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
YUREK GREGORY J
  2. Issuer Name and Ticker or Trading Symbol
AMERICAN SUPERCONDUCTOR CORP /DE/ [AMSC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, President and CEO
(Last)
(First)
(Middle)
64 JACKSON ROAD
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2008
(Street)

DEVENS, MA 01434
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/10/2008   M(1)   125,000 A $ 25.625 0 D  
Common Stock 06/10/2008   S(1)   900 D $ 43.17 0 D  
Common Stock 06/10/2008   S(1)   600 D $ 43.15 0 D  
Common Stock 06/10/2008   S(1)   190 D $ 43 0 D  
Common Stock 06/10/2008   S(1)   100 D $ 42.98 0 D  
Common Stock 06/10/2008   S(1)   100 D $ 42.97 0 D  
Common Stock 06/10/2008   S(1)   100 D $ 42.94 0 D  
Common Stock 06/10/2008   S(1)   390 D $ 42.93 0 D  
Common Stock 06/10/2008   S(1)   310 D $ 42.92 0 D  
Common Stock 06/10/2008   S(1)   900 D $ 42.91 0 D  
Common Stock 06/10/2008   S(1)   300 D $ 42.9 0 D  
Common Stock 06/10/2008   S(1)   1,200 D $ 42.89 0 D  
Common Stock 06/10/2008   S(1)   900 D $ 42.88 0 D  
Common Stock 06/10/2008   S(1)   300 D $ 42.86 0 D  
Common Stock 06/10/2008   S(1)   74 D $ 42.85 0 D  
Common Stock 06/10/2008   S(1)   100 D $ 42.83 0 D  
Common Stock 06/10/2008   S(1)   200 D $ 42.82 0 D  
Common Stock 06/10/2008   S(1)   200 D $ 42.81 0 D  
Common Stock 06/10/2008   S(1)   300 D $ 42.8 0 D  
Common Stock 06/10/2008   S(1)   800 D $ 42.78 0 D  
Common Stock 06/10/2008   S(1)   830 D $ 42.77 0 D  
Common Stock 06/10/2008   S(1)   1,200 D $ 42.76 0 D  
Common Stock 06/10/2008   S(1)   200 D $ 42.75 0 D  
Common Stock 06/10/2008   S(1)   600 D $ 42.72 0 D  
Common Stock 06/10/2008   S(1)   700 D $ 42.71 0 D  
Common Stock 06/10/2008   S(1)   826 D $ 42.7 0 D  
Common Stock 06/10/2008   S(1)   3,500 D $ 42.69 0 D  
Common Stock 06/10/2008   S(1)   400 D $ 42.68 0 D  
Common Stock 06/10/2008   S(1)   1,560 D $ 42.67 315,878 (2) D  
Common Stock               752 (3) I By 401(k) Plan

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option(right to buy) $ 25.625 06/10/2008   M(1)     125,000   (4) 04/11/2010 Common Stock 125,000 $ 0 125,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
YUREK GREGORY J
64 JACKSON ROAD
DEVENS, MA 01434
  X     Chairman, President and CEO  

Signatures

 /s/ Gregory J. Yurek   06/12/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The stock option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on September 12, 2007, as amended.
(2) Following all the transactions reported on this Form 4, the reporting person holds 315,878 shares directly.
(3) Following all the transactions reported on this Form 4, the reporting person holds 752 shares indirectly through the company's 401(k) plan as of April 30, 2008.
(4) The option was fully vested as of April 11, 2005.

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