H. Allan Dow - Mar 17, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Stock symbol
AMSWA
Transactions as of
Mar 17, 2023
Transactions value $
-$9,666
Form type
4
Date filed
3/21/2023, 05:10 PM
Previous filing
Mar 21, 2023
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $58.8K +5.31K +5.47% $11.08 102K Mar 17, 2023 Direct F1
transaction AMSWA Common Stock Sale -$68.5K -5.31K -5.19% $12.90 97.1K Mar 17, 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 -5.31K -2.51% $0.00 206K Mar 17, 2023 Common Stock 5.31K $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 17, 2023, the Reporting Person converted 5,311 options into an equal number of shares of Class A Common Stock.
F2 On March 17, 2023, the Reporting Person sold 5,311 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.