SCHATZ DOUGLAS S
3, 2000-08-07
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--------                                       UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 FORM 3                                                WASHINGTON, D.C. 20549
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                                       INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

                              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
(Print or Type Responses)                Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*         2. Date of Event Re-   4. Issuer Name and Ticker or Trading Symbol
                                                    quiring Statement
Schatz, Douglas S.                                  (Month/Day/Year)         Advanced Power Technology, Inc. (NASD: APTI)
-------------------------------------------------                       ------------------------------------------------------------
    (Last)          (First)          (Middle)        08/07/00           5. Relationship of Reporting Person(s) 6. If Amendment, Date
                                                 -----------------------   to Issuer (Check all applicable)       of Original
                                                 3. IRS or Social Se-    X Director          10% Owner            (Month/Day/Year)
                                                    curity Number of    ---               ---
405 S.W. Columbia Street                            Reporting Person       Officer (give     Other (specify     --------------------
-------------------------------------------------   (Voluntary)            title below)      below)            7. Individual or
                    (Street)                                            ---               ---                     Joint/Group Filing
                                                                                                                  (Check Applicable
                                                                                                                  Line)
                                                                           ---------------------------            Form filed by One
                                                                                                                X Reporting Person
                                                                                                               ---
                                                                                                                  Form filed by
                                                                                                                  More than One
                                                                                                                  Reporting Person
Bend, OR  97702                                                                                                ---
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    (City)          (State)            (Zip)                                Table I -- Non-Derivative Securities Beneficially Owned

* If the form is filed by more than one Reporting
Person, SEE Instructions 5(b)(v).
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1. Title of Security                              2. Amount of Securities       3. Ownership        4. Nature of Indirect Beneficial
   (Instr. 4)                                        Beneficially Owned            Form: Direct        Ownership (Instr. 5)
                                                     (Instr. 4)                    (D) or Indirect
                                                                                   (I)  (Instr. 5)
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Common Stock                                              280,714(I)                 D                      By Corporation
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                 (Over)
                                                          (Print or Type Responses)


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FORM 3 (Continued)   TABLE II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible
                                securities)
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1. Title of Derivative Security    2. Date Exer-  3. Title and Amount of Securities   4. Conver-   5. Owner-   6. Nature of Indirect
   (Instr. 4)                         cisable and    Underlying Derivative Security      sion or      ship        Beneficial
                                      Expiration     (Instr. 4)                          Exercise     Form of     Ownership
                                      Date                                               Price of     Deriv-      (Instr. 5)
                                     (Month/Day/                                         Deri-        ative
                                      Year)                                              vative       Security:
                                                                                         Security     Direct
                                   --------------------------------------------------                 (D) or
                                                                             Amount                   Indirect
                                    Date     Expir-                          or                       (I)
                                    Exer-    ation           Title           Number                 (Instr. 5)
                                    cisable  Date                            of
                                                                             Shares
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Explanation of Responses:

(1) Includes 280,714 shares owned by a corporation of which Mr. Schatz is a Chief Executive Officer and Chairman of the Board.
Mr. Schatz disclaims beneficial ownership over these shares.


                                                                         /s/ Douglas S. Schatz                  August 7, 2000
                                                                       -------------------------------------  ----------------------
**Intentional misstatements or omissions of facts constitute Federal      **Signature of Reporting Person             Date
  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.


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