H. Allan Dow - 28 Jun 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
28 Jun 2021
Net transactions value
-$28,014
Form type
4
Filing time
29 Jun 2021, 08:22:20 UTC
Previous filing
21 Jun 2021
Next filing
30 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $16,824 +1,970 +2.4% $8.54 83,285 28 Jun 2021 Direct F1
transaction AMSWA Common Stock Sale $44,837 -1,970 -2.4% $22.76 81,315 28 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 -1,970 -5.5% $0.000000 33,830 28 Jun 2021 Common Stock 1,970 $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 28, 2021, the Reporting Person converted 1,970 options into an equal number of shares of Class A Common Stock.
F2 On June 28, 2021, the Reporting Person sold 1.970 shares of Class A Common stock.
F3 On June 28, 2021, the Reporting Person converted 1,970 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