X0202 4 2006-01-26 0000927003 ADVANCED ENERGY INDUSTRIES INC AEIS 0001228910 SCHATZ DOUGLAS S & SCHATZ JILL E FAMILY TRUST P.O. BOX 481 FORT COLLINS CO 80522 0 0 1 0 0001007705 SCHATZ DOUGLAS S P.O. BOX 481 FORT COLLINS CO 80522 1 0 1 0 0001328181 Schatz Jill E P.O. BOX 481 FORT COLLINS CO 80522 0 0 1 0 Common Stock 2006-01-26 4 S 0 1000 14.33 D 9628521 D Common Stock 2006-01-26 4 S 0 400 14.34 D 9628121 D Common Stock 2006-01-26 4 S 0 1800 14.36 D 9626321 D Common Stock 2006-01-26 4 S 0 1000 14.37 D 9625321 D Common Stock 2006-01-26 4 S 0 800 14.38 D 9624521 D Common Stock 2006-01-26 4 S 0 2576 14.40 D 9621945 D Common Stock 2006-01-26 4 S 0 1824 14.41 D 9620121 D Common Stock 2006-01-26 4 S 0 800 14.42 D 9619321 D Common Stock 2006-01-26 4 S 0 1000 14.43 D 9618321 D Common Stock 2006-01-26 4 S 0 7165 14.45 D 9611156 D Common Stock 2006-01-26 4 S 0 1200 14.46 D 9609956 D Common Stock 2006-01-26 4 S 0 1486 14.47 D 9608470 D Common Stock 2006-01-26 4 S 0 3649 14.48 D 9604821 D Common Stock 2006-01-26 4 S 0 1200 14.49 D 9603621 D Common Stock 2006-01-26 4 S 0 2600 14.50 D 9601021 D Common Stock 2006-01-26 4 S 0 1200 14.56 D 9599821 D Common Stock 2006-01-26 4 S 0 1100 14.57 D 9598721 D Common Stock 2006-01-26 4 S 0 1000 14.59 D 9597721 D Common Stock 2006-01-26 4 S 0 2572 14.60 D 9595149 D Common Stock 2006-01-26 4 S 0 400 14.62 D 9594749 D Common Stock 2006-01-26 4 S 0 1000 14.63 D 9593749 D Common Stock 2006-01-26 4 S 0 1400 14.64 D 9592349 D Common Stock 2006-01-26 4 S 0 24400 14.65 D 9567949 D Common Stock 2006-01-26 4 S 0 400 14.66 D 9567549 D Common Stock 2006-01-26 4 S 0 1100 14.67 D 9566449 D Common Stock 2006-01-26 4 S 0 2095 14.68 D 9564354 D Common Stock 2006-01-26 4 S 0 4805 14.69 D 9559549 D Common Stock 2006-01-26 4 S 0 42983 14.70 D 9516566 D Common Stock 2006-01-26 4 S 0 2031 14.71 D 9514535 D Common Stock 26350 D Per Rule 10b5-1 Sales Plan. These shares are owned directly by the Douglas S. Schatz & Jill E. Schatz Family Trust, a ten percent owner of the issuer, and indirectly by Douglas S. Schatz and Jill E. Schatz, co-trustees of the trust. Represents shares of restricted stock units held directly by Douglas S. Schatz. /s/ Mary K. Derr - Attorney-in-Fact 2006-01-27 /s/ Mary K. Derr - Attorney-in-Fact 2006-01-27 /s/ Mary K. Derr - Attorney-in-Fact 2006-01-27