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

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
17 Mar 2023
Net transactions value
-$9,666
Form type
4
Filing time
21 Mar 2023, 17:10:30 UTC
Previous filing
21 Mar 2023
Next filing
24 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 $58,846 +5,311 +5.5% $11.08 102,426 17 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $68,512 -5,311 -5.2% $12.90 97,115 17 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 -5,311 -2.5% $0.000000 205,980 17 Mar 2023 Common Stock 5,311 $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.