SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* MCGIMPSEY THOMAS O (Last) (First) (Middle) 1625 SHARP POINT DRIVE (Street) FORT COLLINS CO 80525 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ADVANCED ENERGY INDUSTRIES INC [ AEIS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) EVP Gen Counsel & Corp Sec
	3. Date of Earliest Transaction (Month/Day/Year) 02/01/2013
	4. If Amendment, Date of 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

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	02/01/2013		A(1)		25,836	A	$0.00	35,009	D
Common Stock	02/01/2013		F		8,343(2)	D	$15.64	26,666(3)	D

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 Securities Underlying Derivative Security (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: 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
Employee Stock Option (right to buy)	$11.02	02/01/2013		A(4)		22,144		02/01/2013	02/01/2023	Common Stock	22,144	$0.00	89,144	D
Performance Stock Option (right to buy)	$0.00	01/03/2012		A	V	0		(5)	(6)	Common Stock	101,813	$0.00	101,812(5)	D
Performance Units	$0.00	01/03/2012		A	V	0		(7)	(6)	Common Stock	118,784	$0.00	118,784(7)	D

Explanation of Responses:

1. The reported transaction is the vesting of performance units reported on Form 4 filed January 6, 2012.

2. Payment of tax liability by witholding securities incident to vesting of restricted stock.

3. Represents 26,003 shares of Restricted Stock unts (RSUs) and 663 shares of Employee Stock Purchase Plan Shares. As of the reporting date, 20,561 shares are sellable.

4. The reported transaction is the vesting of performance stock options reported on Form 4 filed January 6, 2012

5. This entry provides for the updated total outstanding performance stock options previously voluntarily reported on Form 4 filed January 6, 2012, following the vesting of 22,144 performance stock options (as reflected in the first line of the Table II). 28,762 performance stock options in respect of the 2012 performance period did not vest. The performance stock options reported in column 9 related to the 2012 and 2014 performance periods.

6. If the performance metrics for the reporting year have not been met as determined by the Compensation Committee, the unvested options and untis for the applicable year will expire immediately. If any of the options vest, they will cancel ten years from the grant date.

7. This entry provides for the updated total outstanding performance units previously voluntarily reported on Form 4 filed January 6, 2012, following the vesting of 25,836 performance units (as reflected in Table 1 above) in respect of the 2012 performance period. 33,556 performance units in respect of the 2012 performance period did not vest. The performance units reported in Column 9 related to the 2013 and 2014 performance periods.

Remarks:

	/s/ Thomas O. McGimpsey (Attorney-in-Fact)	02/05/2013
	** Signature of Reporting Person	Date
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