Statement of Changes in Beneficial Ownership (4)

FORM 4 [ X ] 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 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Spring Mountain Capital, LLC	2. Issuer Name and Ticker or Trading Symbol AMERICAN POWER GROUP Corp [ APGI ]	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) C/O SPRING MOUNTAIN CAPITAL, 650 MADISON AVENUE, 20TH FLOOR	3. Date of Earliest Transaction (MM/DD/YYYY) 12/19/2017
(Street) NEW YORK, NY 10022 (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	12/19/2017		S ⁽¹⁾		1947370	D	⁽²⁾	0	D
Common Stock	12/19/2017		S ⁽³⁾ ⁽⁴⁾		4123095	D	⁽²⁾	0	I	See Footnotes ⁽³⁾ ⁽⁴⁾
Common Stock	12/19/2017		S ⁽⁵⁾		5077704	D	⁽²⁾	0	I	See Footnotes ⁽⁵⁾
Common Stock	12/19/2017		S ⁽⁶⁾		954209	D	⁽²⁾	0	D
Common Stock	12/19/2017		S ⁽¹⁵⁾		1740585	D	⁽²⁾	0	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)
10% Convertible Preferred Stock	$0.4	12/19/2017		S			133.3333	⁽⁷⁾	⁽⁷⁾	Common Stock	3333333	⁽²⁾	0	D ⁽⁸⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			2500000	10/31/2012	5/30/2020	Common Stock	2500000	⁽²⁾	0	D ⁽⁸⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			833333	3/28/2013	9/28/2018	Common Stock	833333	⁽²⁾	0	D ⁽⁸⁾
10% Convertible Preferred Stock	$0.4	12/19/2017		S			399.9999	⁽⁷⁾	⁽⁷⁾	Common Stock	9999999	⁽²⁾	0	I	See Footnotes ⁽⁹⁾ ⁽¹⁰⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			7500000	10/31/2012	5/30/2020	Common Stock	7500000	⁽²⁾	0	I	See Footnotes ⁽⁹⁾ ⁽¹⁰⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			2499999	3/28/2013	9/28/2018	Common Stock	2499999	⁽²⁾	0	I	See Footnotes ⁽⁹⁾ ⁽¹⁰⁾
10% Convertible Preferred Stock	$0.4	12/19/2017		S			465.3333	⁽⁷⁾	⁽⁷⁾	Common Stock	11633332	⁽²⁾	0	I	See Footnotes ⁽¹¹⁾ ⁽¹²⁾
Series C Convertible Preferred Stock	$0.2	12/19/2017		S			51.932	⁽¹³⁾	⁽¹³⁾	Common Stock	2596600	⁽²⁾	0	I	See Footnotes ⁽¹¹⁾ ⁽¹²⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			8725000	10/31/2012	5/30/2020	Common Stock	8725000	⁽²⁾	0	I	See Footnotes ⁽¹¹⁾ ⁽¹²⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			2908332	3/28/2013	9/28/2018	Common Stock	2908332	⁽²⁾	0	I	See Footnotes ⁽¹¹⁾ ⁽¹²⁾
Common Stock Warrants (right to buy)	$0.2	12/19/2017		S			2596575	10/21/2016	10/21/2020	Common Stock	2596575	⁽²⁾	0	I	See Footnotes ⁽¹¹⁾ ⁽¹²⁾
10% Convertible Preferred Stock	$0.4	12/19/2017		S			65.3333	⁽⁷⁾	⁽⁷⁾	Common Stock	1633333	⁽²⁾	0	D ⁽¹⁴⁾
Series C Convertible Preferred Stock	$0.2	12/19/2017		S			51.932	⁽¹³⁾	⁽¹³⁾	Common Stock	2596600	⁽²⁾	0	D ⁽¹⁴⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			1225000	10/31/2012	5/30/2020	Common Stock	1225000	⁽²⁾	0	D ⁽¹⁴⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			408333	3/28/2013	9/28/2018	Common Stock	408333	⁽²⁾	0	D ⁽¹⁴⁾
Common Stock Warrants (right to buy)	$0.2	12/19/2017		S			2596575	10/21/2016	10/21/2020	Common Stock	2596575	⁽²⁾	0	D ⁽¹⁴⁾
10% Convertible Preferred Stock	$0.4	12/19/2017		S			213.3333	⁽⁷⁾	⁽⁷⁾	Common Stock	5333333	⁽²⁾	0	D ⁽¹⁶⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			4000000	10/31/2012	5/30/2020	Common Stock	4000000	⁽²⁾	0	D ⁽¹⁶⁾
Common Stock Warrants (right to buy)	$0.5	12/19/2017		S			1333333	3/28/2013	9/28/2018	Common Stock	1333333	⁽²⁾	0	D ⁽¹⁶⁾

Explanation of Responses:
(1)	SMC Select Co-Investment Fund I, LP ("SMC Co-Investment") sold 1,947,370 shares of the Issuer's common stock, par $0.01 par value per share ("Common Stock"). SMC Select Co-Investment I GP, LLC is the general partner of SMC Co-Investment ("SMC Co-Investment GP") and pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, it may be deemed to have been the beneficial owner of any securities reported herein that were beneficially owned by SMC Co-Investment. SMC Co-Investment GP disclaims beneficial ownership with respect to any shares of Common Stock except to the extent of its pecuniary interest therein.
(2)	All securities reported on this Form 4 were sold for an aggregate purchase price of $4.00.
(3)	Spring Mountain Capital G.P., LLC ("Spring Mountain GP") is the general partner to SMC Reserve Fund II, LP ("SMC Reserve II") and SMC Reserve Fund II Offshore, LP ("SMC Reserve II Offshore"), which is not a reporting person, and is the sole member of SMC Co-Investment GP. Entities over which Spring Mountain GP is deemed to have voting and investment sold 4,123,095 shares of Common Stock. Spring Mountain Capital, LP ("SMC LP") acts as investment manager to SMC Reserve II, SMC Reserve II Offshore and SMC Co-Investment. Spring Mountain Capital, LLC ("SMC LLC") is the general partner of SMC LP.
(4)	Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of Spring Mountain GP, SMC LP and SMC LLC may be deemed to have been the beneficial owner of any securities reported herein that were beneficially owned by SMC Reserve II, SMC Reserve II Offshore and SMC Co-Investment. Each of Spring Mountain GP, SMC LP and SMC LLC disclaims beneficial ownership with respect to any shares of common stock except to the extent of its pecuniary interest therein.
(5)	Mr. John L. Steffens and Mr. Gregory P. Ho are managing members of Spring Mountain GP and SMC LLC, and are also partners in SMC Employees Partnership ("SMC EP"). Entities over which Mr. Steffens and Mr. Ho are deemed to have voting and investment control sold an aggregate of 5,077,704 shares of Common Stock. Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of Mr. Steffens and Mr. Ho may be deemed to have been the beneficial owner of any securities reported herein that may be deemed to have been beneficially owned by SMC Reserve II, SMC Reserve II Offshore, SMC Co-Investment and SMC EP. Each of Mr. Steffens and Mr. Ho disclaims beneficial ownership with respect to any shares of common stock except to the extent of his pecuniary interest therein.
(6)	SMC EP sold 954,209 shares of Common Stock.
(7)	The 10% Convertible Preferred Stock ("10% Preferred Stock") is convertible at any time, at the respective holder's election and has no expiration date.
(8)	SMC Co-Investment sold (i) 133.3333 shares of 10% Preferred Stock, which are convertible into 3,333,333 shares of Common Stock, and (ii) warrants to purchase Common Stock at an initial exercise price of $0.50 per share ("$0.50 Warrants") exercisable for up to 3,333,333 shares of Common Stock. SMC Co-Investment GP is the general partner of SMC Co-Investment SMC Co-Investment GP and pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, it may be deemed to have been the beneficial owner of any securities reported herein that were beneficially owned by SMC Co-Investment. SMC Co-Investment GP disclaims beneficial ownership with respect to any shares of common stock except to the extent of its pecuniary interest therein.
(9)	Spring Mountain GP is the general partner to SMC Reserve II and SMC Reserve II Offshore, which is not a reporting person, and is the sole member of SMC Co-Investment GP. Entities over which Spring Mountain GP is deemed to have voting and investment sold (i) 399.9999 shares of 10% Preferred Stock, which are convertible into 9,999,999 shares of Common Stock, and (ii) $0.50 Warrants exercisable for up to 9,999,999 shares of Common Stock. SMC LP acts as investment manager to SMC Reserve II, SMC Reserve II Offshore and SMC Co-Investment. SMC LLC is the general partner of SMC LP.
(10)	Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of Spring Mountain GP, SMC LP and SMC LLC may be deemed to have been the beneficial owner of any securities reported herein that were beneficially owned by SMC Reserve II, SMC Reserve II Offshore and SMC Co-Investment. Each of Spring Mountain GP, SMC LP and SMC LLC disclaims beneficial ownership with respect to any shares of common stock except to the extent of its pecuniary interest therein.
(11)	Mr. John L. Steffens and Mr. Gregory P. Ho are managing members of Spring Mountain GP and SMC LLC, and are also partners in SMC Employees Partnership ("SMC EP"). Entities over which Mr. Steffens and Mr. Ho are deemed to have voting and investment control sold (i) 465.3333 shares of 10% Preferred Stock, which are convertible into 11,633,332 shares of Common Stock, (ii) 51.9320 shares of Series C Preferred Stock, which are convertible into 2,596,600 shares of Common Stock, (iii) $0.50 Warrants exercisable for up to 11,633,332 shares of Common Stock, and (iv) warrants to purchase Common Stock at an initial exercise price of $0.20 per share ("$0.20 Warrants") exercisable for up to 2,596,575 shares of Common Stock.
(12)	Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of Mr. Steffens and Mr. Ho may be deemed to have been the beneficial owner of any securities reported herein that may be deemed to have been beneficially owned by SMC Reserve II, SMC Reserve II Offshore, SMC Co-Investment and SMC EP. Each of Mr. Steffens and Mr. Ho disclaims beneficial ownership with respect to any shares of common stock except to the extent of his pecuniary interest therein.
(13)	The Series C Convertible Preferred Stock ("Series C Preferred Stock") is convertible at any time, at the respective holder's election and has no expiration date.
(14)	SMC EP sold (i) 65.3333 shares of 10% Preferred Stock, which are convertible into 1,633,333 shares of Common Stock, (ii) 51.9320 shares of Series C Preferred Stock, which are convertible into 2,596,600 shares of Common Stock, (iii) $0.50 Warrants exercisable for up to 1,633,333 shares of Common Stock, and (iv) $0.20 Warrants exercisable for up to 2,596,575 shares of Common Stock.
(15)	SMC Reserve II sold 1,740,585 shares of Common Stock.
(16)	SMC Reserve II sold (i) 213.3333 shares of 10% Preferred Stock, which are convertible into 5,333,333 shares of Common Stock, and (ii) $0.50 Warrants exercisable for up to 5,333,333 shares of Common Stock.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Spring Mountain Capital, LLC C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
SMC Select Co-Investment Fund I LP C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
SMC Select Co-Investment I GP, LLC C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
Spring Mountain Capital G.P., LLC C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
Spring Mountain Capital, LP C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
SMC Employees Partnership C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
Steffens John C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
Ho Gregory P. C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X
SMC Reserve Fund II, LP C/O SPRING MOUNTAIN CAPITAL 650 MADISON AVENUE, 20TH FLOOR NEW YORK, NY 10022		X

Signatures
SPRING MOUNTAIN CAPITAL, LLC, By: /s/ Gregory P. Ho, Managing Member		12/21/2017
^** Signature of Reporting Person		Date
SMC SELECT CO-INVESTMENT FUND I, LP, By: SMC Select Co-Investment I GP, LLC, General Partner, By: Spring Mountain Capital G.P., LLC, Member, /s/ Gregory P. Ho, Managing Member		12/21/2017
^** Signature of Reporting Person		Date
SMC SELECT CO-INVESTMENT I GP, LLC, By: Spring Mountain Capital G.P., LLC, Member, /s/ Gregory P. Ho, Managing Member		12/21/2017
^** Signature of Reporting Person		Date
SPRING MOUNTAIN CAPITAL G.P., LLC, By: /s/ Gregory P. Ho, Managing Member		12/21/2017
^** Signature of Reporting Person		Date
SPRING MOUNTAIN CAPITAL, LP, By: Spring Mountain Capital, LLC, General Partner, /s/ Gregory P. Ho, Managing Member		12/21/2017
^** Signature of Reporting Person		Date
SMC EMPLOYEES PARTNERSHIP, By: /s/ Gregory P. Ho, Authorized Signatory		12/21/2017
^** Signature of Reporting Person		Date
/s/ John L. Steffens		12/21/2017
^** Signature of Reporting Person		Date
/s/ Gregory P. Ho		12/21/2017
^** Signature of Reporting Person		Date
SMC RESERVE FUND II, LP, By: Spring Mountain Capital G.P., LLC, General Partner, /s/ Gregory P. Ho, Managing Member		12/21/2017
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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