| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AMSC | Common Stock | Sale | -$195K | -32.6K | -4.65% | $5.98 | 668K | Jun 10, 2022 | Direct | F1, F2, F3 |
| holding | AMSC | Common Stock | 8.99K | Jun 10, 2022 | By 401(k) plan | F4 |
| Id | Content |
|---|---|
| F1 | The reporting person received an award of 75,000 shares of restricted stock on October 31, 2019 that would vest upon American Superconductor Corporation's (the "Company") achievement of specified performance objectives. On June 9, 2022, the Board of Directors of the Company certified that maximum-level performance was achieved with respect to all such performance objectives. As a result, these shares have been fully vested. Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of a restricted stock award. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 Plan. |
| F2 | The sales were executed in multiple trades at prices ranging from $5.90-$6.18. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and price at which the transaction was effected. |
| F3 | Following all the transactions reported on this Form 4, the reporting person holds 668,223 shares directly. |
| F4 | Following all the transactions reported on this Form 4, the reporting person holds 8,988 shares indirectly through the company's 401(k) plan as of June 13, 2022. |