James C. Edenfield - Jun 11, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Executive Chairman
Signature
James C. Edenfield
Stock symbol
AMSWA
Transactions as of
Jun 11, 2021
Transactions value $
-$210,560
Form type
4
Date filed
6/14/2021, 10:04 AM
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $177K +16K +26.67% $11.08 76K Jun 11, 2021 Direct F1
transaction AMSWA Common Stock Sale -$388K -16K -21.05% $24.24 60K Jun 11, 2021 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 -16K -100% $0.00* 0 Jun 11, 2021 Common Stock 16K $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 June 11, 2021, the Reporting Person converted 16,000 options into an equal number of shares of Class A Common Stock.
F2 On June 11, 2021, the Reporting Person sold 16,000 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