SEC Form 4 · accession 0001209191-15-041679
AMERICAN SUPERCONDUCTOR CORP /DE/ · AMSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Henry
Officer — EVP, CFO & Treasurer
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880807
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 8, 2014 | S | 4,500 | $6.5088 | D | 48,913 | D | |
| Common StockF4,F5 | May 11, 2015 | S | 405 | $6.4739 | D | 48,509 | D | |
| Common StockF6 | holding | — | — | — | 1,128 | I | 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 Plan. The primary purpose of such sales was to pay personal income taxes that were due upon the vesting of restricted stock on May 8, 2015.
- F2The disposition transaction was executed in muliple trades at prices ranging from $6.415-$6.670. 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.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 Plan. The primary purpose of such sales was to pay personal income taxes that were due upon the vesting of restricted stock on May 9, 2015.
- F4The disposition transaction was executed in multiple trades at prices ranging from $6.38-$6.50. 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.
- F5Following all the transactions reported on this Form 4, the reporting person holds 48,509 shares directly. Ownership reflects 1-for-10 reverse split effected on March 24, 2015.
- F6Following all the transactions reported on this Form 4, the reporting person holds 1,128 shares indirectly through the company's 401(k) plan as of April 30, 2015. Ownership reflects 1-for-10 reverse split effected on March 24, 2015.