Certain Options of American Superconductor Corporation are subject to a Lock-Up Agreement Ending on 1-MAY-2024. These Options will be under lockup for 91 days starting from 31-JAN-2024 to 1-MAY-2024.

Details:
Directors and executive officers have entered into lock-up agreements with the underwriters pursuant to which each of these persons, with limited exceptions, for a period of 90 days after the date of the final prospectus supplement for this offering, may not, without the prior written consent of Oppenheimer & Co. Inc., directly or indirectly, offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of, or announce the intention to otherwise dispose of, any shares of common stock.