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American Superconductor EVP sells shares



By AP
11 June 2008 @ 04:02 pm EST

NEW YORK - An executive vice president and the chief technical officer of energy equipment supplier American Superconductor Corp. sold 3,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

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In a Form 4 filed with the SEC, Alexis P. Malozemoff reported selling the shares on Monday for $35.92 to $35.97 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

American Superconductor is based in Devens, Mass.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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