- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: November 30, 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(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * Gibson Brian	2. Date of Event Requiring Statement (MM/DD/YYYY) 10/13/2011	3. Issuer Name and Ticker or Trading Symbol AASTROM BIOSCIENCES INC [ASTM]
(Last)        (First)        (Middle) C/O AASTROM BIOSCIENCES, INC., P.O. BOX 376	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                            _____ 10% Owner ___ X ___ Officer (give title below)          _____ Other (specify below) Vice President /
(Street) ANN ARBOR, MI 48106        (City)              (State)              (Zip)	5. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	(1)	7/14/2020	Common Stock	70000	$1.48	D
Stock Option (right to buy)	(2)	9/22/2020	Common Stock	5000	$1.49	D
Stock Option (right to buy)	(3)	3/11/2021	Common Stock	70000	$2.26	D

Explanation of Responses:
( 1)	These options were granted on July 14, 2010 with 25% vesting on the first anniversary of the date of grant and 6.25% vesting each quarter thereafter.
( 2)	These options were granted on September 22, 2010 and vest quarterly over four years commencing on the date of grant.
( 3)	These options were granted on March 11, 2011 and vest quarterly over four years commencing on the date of grant.

Remarks: Exhibit List: Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Gibson Brian C/O AASTROM BIOSCIENCES, INC. P.O. BOX 376 ANN ARBOR, MI 48106			Vice President

Signatures
/s/ Brian Gibson		10/24/2011
** 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 5(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.
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