Vincent C. Klinges - Aug 30, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Stock symbol
AMSWA
Transactions as of
Aug 30, 2021
Transactions value $
-$565,748
Form type
4
Date filed
9/1/2021, 01:21 PM
Previous filing
Aug 19, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $178K +17.8K +18.35% $10.01 115K Aug 30, 2021 Direct F1
transaction AMSWA Common Stock Sale -$436K -17.8K -15.5% $24.52 96.8K Aug 30, 2021 Direct F2
transaction AMSWA Common Stock Options Exercise $213K +21.2K +21.92% $10.01 118K Aug 31, 2021 Direct F3
transaction AMSWA Common Stock Sale -$520K -21.2K -17.98% $24.52 96.8K Aug 31, 2021 Direct F4

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 -17.8K -34.17% $0.00 34.2K Aug 30, 2021 Common Stock 17.8K $10.01 Direct F1, F5
transaction AMSWA Stock Option Options Exercise $0 -21.2K -62.02% $0.00 13K Aug 31, 2021 Common Stock 21.2K $10.01 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 30, 2021, the Reporting Person converted 17,769 options into an equal number of shares of Class A Common Stock.
F2 On August 30, 2021, the Reporting Person sold 17,769 shares of Class A Common stock.
F3 On August 31,2021, the Reporting Person converted 21,231 options into an equal number of shares of Class A Common Stock.
F4 On August 31, 2021, the Reporting Person sold 21,231 shares of Class A Common stock.
F5 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 20-Jun-2016
F6 On August 31, 2021, the Reporting Person converted 21,231 options into an equal number of shares of Class A Common Stock.