- 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		300	D	$11.31	8406698 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.3114	8406498 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.32	8406398 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.3204	8406298 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.3225	8406198 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.325	8406098 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		900	D	$11.33	8405198 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		500	D	$11.34	8404698 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.3418	8404598 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		500	D	$11.3438	8404098 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		2200	D	$11.35	8401898 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		300	D	$11.36	8401598 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1000	D	$11.3638	8400598 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		500	D	$11.37	8400098 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1000	D	$11.3713	8399098 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1800	D	$11.3725	8397298 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		600	D	$11.3727	8396698 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1487	D	$11.38	8395211 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		500	D	$11.3836	8394711 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.3844	8394511 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		700	D	$11.39	8393811 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		100	D	$11.3901	8393711 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1600	D	$11.40	8392111 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		700	D	$11.4022	8391411 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		80	D	$11.4027	8391331 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.4033	8391131 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.4044	8390931 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		200	D	$11.41	8390731 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		1000	D	$11.4101	8389731 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock	7/27/2009		S		300	D	$11.4121	8389431 ⁽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.