Vincent C. Klinges - 20 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
N/A
Transactions as of
20 Mar 2023
Net transactions value
-$3,825
Form type
4
Filing time
21 Mar 2023, 16:57:53 UTC
Previous filing
10 Mar 2023
Next filing
22 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $24,642 +2,224 +2.2% $11.08 103,062 20 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $28,467 -2,224 -2.2% $12.80 100,838 20 Mar 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMSWA Stock Option Options Exercise $0 -2,224 -4.4% $0.000000 48,074 20 Mar 2023 Common Stock 2,224 $11.08 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 20, 2023, the Reporting Person converted 2,224 options into an equal number of shares of Class A Common Stock.
F2 On March 20, 2023, the Reporting Person sold 2,224 shares of Class A Common Stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017