| 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 |
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| 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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ADVANCED ENERGY INDUSTRIES INC [ AEIS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/14/2005 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | 11/14/2005 | M | 25,000 | A | $8.371 | 25,000 | D | |||
| Common Stock | 11/14/2005 | M | 25,000 | A | $10.032 | 50,000 | D | |||
| Common Stock | 11/14/2005 | S | 25,000 | D | $12.95 | 25,000 | D | |||
| Common Stock | 11/14/2005 | S | 25,000 | D | $12.95 | 0 | D | |||
| Common Stock | 26,350(1) | D | ||||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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) | $10.032 | 11/14/2005 | M | 25,000 | 02/12/2004(2) | 11/30/2005 | Common Stock | 25,000 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $8.371 | 11/14/2005 | M | 25,000 | 04/16/2004(2) | 11/30/2005 | Common Stock | 25,000 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $21.164 | 07/23/2004(3) | 07/23/2008 | Common Stock | 3,295 | 3,295 | D | ||||||||
| Employee Stock Option (right to buy) | $19.24 | 07/23/2004(3) | 07/23/2013 | Common Stock | 21,705 | 25,000 | D | ||||||||
| Employee Stock Option (right to buy) | $22.52 | 10/15/2004(3) | 10/15/2013 | Common Stock | 25,000 | 50,000 | D | ||||||||
| Employee Stock Option (right to buy) | $22.3 | 02/11/2005(3) | 02/11/2014 | Common Stock | 21,250 | 71,250 | D | ||||||||
| Employee Stock Option (right to buy) | $20.81 | 04/14/2005(3) | 04/14/2014 | Common Stock | 21,250 | 92,500 | D | ||||||||
| Employee Stock Option (right to buy) | $12.8 | 07/20/2005(2) | 07/20/2014 | Common Stock | 21,250 | 113,750 | D | ||||||||
| Employee Stock Option (right to buy) | $10.37 | 10/19/2005(2) | 10/19/2014 | Common Stock | 21,250 | 135,000 | D | ||||||||
| Employee Stock Option (right to buy) | $7.15 | 01/31/2006(4) | 01/31/2015 | Common Stock | 92,700 | 227,700(5) | D | ||||||||
| Explanation of Responses: |
| 1. Represents shares of restricted stock units. |
| 2. Stock options dated 02/12/2003, 04/16/2003, 07/20/2004, and 10/19/2004 are such that 25% 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. |
| 3. Stock options dated 07/23/2003, 10/15/2003, 02/11/2004, and 04/14/2004 are such that 25% 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 until October 18, 2005 at which time they became fully vested. |
| 4. Stock option dated 01/31/05 is such that 25% of the shares become exercisable on the first anniversary following the date of grant and the remaining shares become exercisable in equal increments each year for 3 years thereafter. |
| 5. Mr. Schatz has Employee Stock Options (right to buy) for a total of 227,700 shares of Common Stock. |
| Remarks: |
| Mary K. Derr - Attorney-in-Fact | 11/16/2005 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||