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

Role
Executive Chairman
Signature
James C. Edenfield
Issuer symbol
N/A
Transactions as of
11 Jun 2021
Net transactions value
-$210,560
Form type
4
Filing time
14 Jun 2021, 10:04:15 UTC
Next filing
19 Aug 2021
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 $177,280 +16,000 +27% $11.08 76,000 11 Jun 2021 Direct F1
transaction AMSWA Common Stock Sale $387,840 -16,000 -21% $24.24 60,000 11 Jun 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 -16,000 -100% $0.000000* 0 11 Jun 2021 Common Stock 16,000 $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