Vincent C. Klinges - Mar 21, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Stock symbol
AMSWA
Transactions as of
Mar 21, 2023
Transactions value $
-$19,349
Form type
4
Date filed
3/22/2023, 05:01 PM
Previous filing
Mar 21, 2023
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $123K +11.1K +11.04% $11.08 112K Mar 21, 2023 Direct F1
transaction AMSWA Common Stock Sale -$143K -11.1K -9.94% $12.82 101K Mar 21, 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 -11.1K -23.16% $0.00 36.9K Mar 21, 2023 Common Stock 11.1K $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 21, 2023, the Reporting Person converted 11,133 options into an equal number of shares of Class A Common Stock.
F2 On March 21, 2023, the Reporting Person sold 11,133 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.