Thomas L. Newberry V. - Jun 14, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Director
Signature
Thomas L. Newberry, V
Stock symbol
AMSWA
Transactions as of
Jun 14, 2021
Transactions value $
-$74,210
Form type
4
Date filed
6/14/2021, 02:49 PM
Previous filing
Jun 14, 2021
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 $64.8K +4K $16.21 4K Jun 14, 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $17.6K +1.18K +29.5% $14.93 5.18K Jun 14, 2021 Direct F2
transaction AMSWA Common Stock Options Exercise $65.9K +4K +77.22% $16.48 9.18K Jun 14, 2021 Direct F3
transaction AMSWA Common Stock Sale -$28.6K -1.18K -12.85% $24.25 8K Jun 14, 2021 Direct F4
transaction AMSWA Common Stock Sale -$97K -4K -50% $24.25 4K Jun 14, 2021 Direct F5
transaction AMSWA Common Stock Sale -$97K -4K -100% $24.25 0 Jun 14, 2021 Direct F5

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 -4K -100% $0.00* 0 Jun 14, 2021 Common Stock 4K $16.48 Direct F1
transaction AMSWA Stock Option Options Exercise $0 -4K -100% $0.00* 0 Jun 14, 2021 Common Stock 4K $16.21 Direct F1
transaction AMSWA Stock Option Options Exercise $0 -1.18K -100% $0.00* 0 Jun 14, 2021 Common Stock 1.18K $14.93 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 12, 2021, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
F2 On June 14, 2021, the Reporting Person converted 1,180 options into an equal number of shares of Class A Common Stock.
F3 On June 14, 2021, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
F4 On June 14, 2021, the Reporting Person sold 1,180 shares of Class A Common stock.
F5 On June 14, 2021, the Reporting Person sold 4,000 shares of Class A Common stock.
F6 On June 14, 2021, the Reporting Person converted 1180 options into an equal number of shares of Class A Common Stock.