13G Filing: Ardsley Partners and American Superconductor Corp (AMSC)

CUSIP No. 030111207

13G

Page 10 of 13 Pages

 

Item 4.              Ownership.

 

Provide the
following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item
1.

 

The Information
required by Items 4(a) – (c) is set forth in Rows 5-11 of the cover page for each Reporting Person hereto and is incorporated
by reference for each Reporting Person. The percentage ownership of the Reporting Persons is based on the sum of 4,000,000 shares
of Common Stock being offering in connection with a public offering announced by the Issuer in a press release dated May 5, 2017
and 14,219,985 outstanding shares of Common Stock of the Issuer, as disclosed on the Issuer’s 10-Q filed with the SEC on
February 6, 2017.

 

Item 5.              Ownership
of Five Percent or Less of a Class.

 

If this statement
is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following: o.

 

Item 6.              Ownership
of More Than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7.              Identification
and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

Not applicable.

 

Item 8.              Identification
and Classification of Members of the Group.

 

See Exhibit
2

 

Item 9.              Notice
of Dissolution of Group.

 

Not applicable.