secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK:        0000880807
Form:       8-K
Filed at:   2022-06-10T23:59:59+00:00
Accession:  0001437749-22-014780
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMSC board changes and fiscal 2022 incentive plan approved with CEO target of $525,000
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- Director Vikram S. Budhraja resigned effective June 10, 2022.
- Laura A. Dambier and Margaret D. Klein elected to the board; Dambier to Audit Committee, Klein to Compensation Committee.
- Fiscal 2022 executive incentive plan: 50% operating cash flow, 25% revenue, 25% operating expenses weightings.
- CEO Daniel P. McGahn target incentive $525,000 (100% of base salary); CFO John W. Kosiba Jr. target $200,750 (55% of base salary).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880807/000143774922014780/0001437749-22-014780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880807/000143774922014780/amsc20220609_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-014780

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer