H. Allan Dow - 16 Jun 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
16 Jun 2021
Net transactions value
-$462,264
Form type
4
Filing time
21 Jun 2021, 08:55:57 UTC
Previous filing
27 May 2021
Next filing
21 Jun 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 $245,038 +28,693 +35% $8.54 110,008 16 Jun 2021 Direct F1
transaction AMSWA Common Stock Sale $707,303 -28,693 -26% $24.65 81,315 16 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 -28,693 -29% $0.000000 71,307 16 Jun 2021 Common Stock 28,693 $8.54 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 16, 2021, the Reporting Person converted 28,693 options into an equal number of shares of Class A Common Stock.
F2 On June 16, 2021, the Reporting Person sold 28,693 shares of Class A Common stock.
F3 On June 16, 2021, the Reporting Person converted 28,693 options into an equal number of shares of Class A Common Stock.
F4 Vests 24,000 share(s) on 26-Aug-2016, 24,000 share(s) on 26-Aug-2017, 24,000 share(s) on 26-Aug-2018, 24,000 share(s) on 26-Aug-2019, 24,000 share(s) on 26-Aug-2020