H. Allan Dow - 16 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
16 Mar 2023
Net transactions value
-$1,857
Form type
4
Filing time
21 Mar 2023, 17:03:42 UTC
Previous filing
16 Mar 2023
Next filing
21 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 $11,291 +1,019 +1% $11.08 98,134 16 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $13,147 -1,019 -1% $12.90 97,115 16 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 -1,019 -0.48% $0.000000 211,291 16 Mar 2023 Common Stock 1,019 $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 16, 2023, the Reporting Person converted 1019 options into an equal number of shares of Class A Common Stock.
F2 On March 16, 2023, the Reporting Person sold 1019 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