Form 4 for AMSC AMERICAN SUPERCONDUCTOR CORP /DE/

Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001209191-23-038383 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-06-20	2023-06-15	AMSC	McGahn Daniel P	COB, Pres, CEO, Dir	A - Grant	$0.00	+250.0K	1.19M	+27%	$0
	2023-06-20	2023-06-15	AMSC	McGahn Daniel P	COB, Pres, CEO, Dir	D - Sale to Iss	$0.00	-4,839	1.19M	-0.4%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-06-15	A	A	250,000	$0.00	1,193,223	D	—	—	(F1) The restricted stock award was granted on June 15, 2023. The award will vest as follows: (a) 100,000 shares will vest in three equal annual installments beginning June 10, 2024, and (b) 150,000 shares will vest upon the achievement of specified performance objectives.
2	Common	Common Stock	2023-06-15	D	D	4,839	$0.00	1,188,384	D	—	—	(F2) Represents 4,839 shares out of a total of 150,000 shares of restricted stock that were awarded on May 21, 2020 and would vest upon American Superconductor Corporation's (the "Company") achievement of specified performance objectives. On June 15, 2023, the Board of Directors of the Company certified that maximum-level performance was achieved with respect to the cumulative organic Grid revenues performance objective and between target-level and maximum-level performance was achieved with respect to the cumulative organic total revenues performance objective. As a result, these shares have been forfeited to the Company. (F3) Following all the transactions reported on this Form 4, the reporting person holds 1,188,384 shares directly.