- Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* SCHATZ DOUGLAS S & SCHATZ JILL E FAMILY TRUST	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 __ X __ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) PO BOX 481	3. Date of Earliest Transaction (MM/DD/YYYY) 7/27/2009
(Street) FORT COLLINS, CO 80522 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ 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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	7/27/2009		S		600	D	$11.15	8426246 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.1503	8426046 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.16	8425946 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		400	D	$11.17	8425546 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		700	D	$11.18	8424846 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		800	D	$11.20	8424046 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		221	D	$11.2022	8423825 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1100	D	$11.22	8422725 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.2201	8422525 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		125	D	$11.2233	8422400 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.2236	8422300 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.23	8422100 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1300	D	$11.2301	8420800 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		300	D	$11.2314	8420500 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1	D	$11.2333	8420499 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1100	D	$11.24	8419399 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		300	D	$11.2409	8419099 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		2293	D	$11.25	8416806 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.2504	8416706 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		2400	D	$11.26	8414306 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1	D	$11.2622	8414305 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.2604	8414105 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1000	D	$11.27	8413105 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1900	D	$11.28	8411205 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.2803	8411005 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1107	D	$11.29	8409898 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.30	8409698 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		800	D	$11.3013	8408898 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		800	D	$11.3025	8408098 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1100	D	$11.305	8406998 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
( 1)	The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting persons on May 28, 2009.
( 2)	These shares are owned directly by 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.
( 3)	Includes 26,350 shares of restricted stock units held directly by Douglas S. Schatz, who is a director of the Issuer.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SCHATZ DOUGLAS S & SCHATZ JILL E FAMILY TRUST PO BOX 481 FORT COLLINS, CO 80522		X
SCHATZ DOUGLAS S P.O. BOX 481 FORT COLLINS, CO 80522	X
Schatz Jill E P.O. BOX 481 FORT COLLINS, CO 80522		X

Signatures
/S/ Thomas O. McGimpsey (Attorney-in-Fact)		7/29/2009
^** 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 control number.