X0201 4/A2003-07-232003-07-24 0000927003 ADVANCED ENERGY INDUSTRIES INC AEIS 0001007705 SCHATZ DOUGLAS S 1625 SHARP POINT DRIVE FORT COLLINS CO US 1110Chief Executive OfficerEmployee Stock Option (right to buy)21.1642003-07-234A0329521.164A2004-07-232008-07-23Common Stock32953295DEmployee Stock Option (right to buy)19.242003-07-234A02170519.24A2004-07-232013-07-23Common Stock2170521705DStock option dated July 23, 2003 is such that 1/4 of the shares become exercisable on the first anniversary following the date of grant, and the remaining shares become exercisable in equal increments each quarter for 3 years thereafter.Mr. Schatz has additional Employee Stock Options (right to buy) for a total of 75,000 shares of Common Stock with varying exercise prices and expiration dates.Mr. Schatz owns indirectly, by Douglas S. Schatz & Jill E. Schatz Family Trust 10,857,782 shares of Advanced Energy Industries, Inc. common stock.Michael El-Hillow - Attorney-in-Fact2003-09-15