Valerie King - Jun 29, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
VP &General Counsel
Signature
Valerie King
Stock symbol
AMSWA
Transactions as of
Jun 29, 2021
Transactions value $
-$38,064
Form type
4
Date filed
6/30/2021, 02:44 PM
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 $29.1K +2K $14.55 2K Jun 29, 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $23K +2K +100% $11.50 4K Jun 29, 2021 Direct F1
transaction AMSWA Common Stock Sale -$45.1K -2K -50% $22.54 2K Jun 29, 2021 Direct F2
transaction AMSWA Common Stock Sale -$45.1K -2K -100% $22.54 0 Jun 29, 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 -2K -100% $0.00* 0 Jun 29, 2021 Common Stock 2K $14.55 Direct F1, F3
transaction AMSWA Stock Option Options Exercise $0 -2K -100% $0.00* 0 Jun 29, 2021 Common Stock 2K $11.50 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 29, 2021, the Reporting Person converted 2,000 options into an equal number of shares of Class A Common Stock.
F2 On June 29, 2021, the Reporting Person sold 2,000 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 21-Aug-2019
F4 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 19-Sep-2018