The CEO of American Superconductor Corp. (Nasdaq: AMSC) and Director of Pacific Ethanol (Nasdaq: PEIX) have sold shares of their common stock.
AMSC CEO Gregory Yurek exercised options for 89,425 shares of common stock under a prearranged 10b5-1 trading plan which allows company insiders to set up a program in advance for such transactions . According to SEC filings, he exercised options for $3.53 and $12.56 apiece and then sold all 89,425 shares on the same day for $16.69 to $18 apiece.
Pacific Ethanol Director William Jones sold 57,726 shares of common stock for $14.51 to $14.76 apiece.
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