Ownership Submission
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

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GABBARD SCOTT A
  2. Issuer Name and Ticker or Trading Symbol
AUGUST TECHNOLOGY CORP [AUGT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CAO & VP, Fiinance
(Last)
(First)
(Middle)
4900 WEST 78TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
12/30/2004
(Street)

BLOOMINGTON, MN 55435
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 6.15               (1) 01/31/2007 Common Stock 0   600 D  
Stock Option (right to buy) $ 7.49               (2) 02/14/2007 Common Stock 0   2,400 D  
Stock Option (right to buy) $ 10.44               (3) 05/15/2007 Common Stock 0   2,400 D  
Stock Option (right to buy) $ 16.438               (4) 06/30/2007 Common Stock 0   10,000 D  
Stock Option (right to buy) $ 12.938             12/29/2000 12/29/2007 Common Stock 0   3,061 D  
Stock Option (right to buy) $ 13.375               (4) 01/05/2008 Common Stock 0   5,000 D  
Stock Option (right to buy) $ 13.24               (4) 07/12/2008 Common Stock 0   1,500 D  
Stock Option (right to buy) $ 9.19               (5) 10/05/2008 Common Stock 0   900 D  
Stock Option (right to buy) $ 10.05               (6) 12/07/2008 Common Stock 0   2,000 D  
Stock Option (right to buy) $ 9.63             01/22/2002 01/22/2009 Common Stock 0   2,000 D  
Stock Option (right to buy) $ 9.23               (7) 07/01/2009 Common stock 0   990 D  
Stock Option (right to buy) $ 9.23               (8) 07/01/2009 Common Stock 0   13,141 D  
Stock Option (right to buy) $ 4.7               (9) 07/18/2009 Common Stock 0   3,000 D  
Stock Option (right to buy) $ 4.75               (10) 10/25/2009 Common Stock 0   3,000 D  
Stock Option (right to buy) $ 4.3               (11) 12/19/2009 Common Stock 0   21,230 D  
Stock Option (right to buy) $ 18.45             02/06/2004 02/06/2014(12) Common Stock 0   1,304 D  
Stock Option (right to buy) $ 18.45             02/06/2004 02/06/2014 Common Stock 0   3,306 D  
Stock Option (right to buy) $ 7.62             02/19/2005 10/22/2014 Common Stock 0   1,333 D  
Stock Option (right to buy) $ 10.38 12/30/2004   A   10,000     (13) 12/30/2014 Common Stock 10,000 $ 0 10,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GABBARD SCOTT A
4900 WEST 78TH STREET
BLOOMINGTON, MN 55435
      CAO & VP, Fiinance  

Signatures

 Robert K. Ranum as Agent-in-Fact for Scott A. Gabbard pursuant to Power of Attorney as filed herewith   01/04/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Original option (1,500 shares) exercisable in five annual increments of 300 shares beginning on January 31, 2001.
(2) Original option (6,000 shares) exercisable in five annual increments of 1,200 shares beginning on February 14, 2001.
(3) Original option (3,000 shares) exercisable in five annual increments of 600 shares beginning on May 15, 2001.
(4) Vesting accelerated; fully exercisable as of December 21, 2004.
(5) Original option (1,500 shares) exercisable in five annual increments of 300 shares beginning on October 5, 2002.
(6) Original option (2,000 shares) exercisable in five annual increments of 400 shares beginning on December 7, 2002.
(7) Original option (990 shares) exercisable in five annual increments of 198 shares beginning on July 1, 2002.
(8) Original option (14,010 shares) exercisable in five annual increments of 2,802 shares beginning on July 1, 2002.
(9) Original option (5,000 shares) exercisable in five annual increments of 1,000 shares beginning on July 18, 2002.
(10) Original option (5,000 shares) exercisable in five annual increments of 1,000 shares beginning on October 25, 2002.
(11) Original option (42,461 shares) exercisable: 21,231 shares on December 19, 2002 and 10,615 shares on December 19, 2003 and 2004.
(12) Expiration date corrected; originally reported incorrectly.
(13) Original option (10,000 shares) exercisable: 3,400 shares on December 30, 2004 and 3,300 shares on December 30, 2005 and December 30, 2006.

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