| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AMSC | Common Stock | Sale | -$806K | -37.2K | -3.52% | $21.69 | 1.02M | Jun 11, 2024 | Direct | F1, F2, F3, F4 |
| holding | AMSC | Common Stock | 12K | Jun 11, 2024 | By 401(k) plan | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock awards. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2023. |
| F3 | The sales were executed in multiple trades at prices ranging from $21.28-$22.03. 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. |
| F4 | Following all the transactions reported on this Form 4, the reporting person holds 1,019,956 shares directly. |
| F5 | Following all the transactions reported on this Form 4, the reporting person holds 11,992 shares indirectly through the company's 401(k) plan as of June 11, 2024. |