Bryan Sell - Sep 8, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Controller
Signature
Bryan Sell
Stock symbol
AMSWA
Transactions as of
Sep 8, 2021
Transactions value $
-$73,321
Form type
4
Date filed
9/8/2021, 01:55 PM
Previous filing
May 20, 2021
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $27.6K +2K $13.82 2K Sep 8, 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $22K +2K +100% $10.99 4K Sep 8, 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $29.7K +2K +50% $14.85 6K Sep 8, 2021 Direct F1
transaction AMSWA Common Stock Sale -$50.9K -2K -33.33% $25.44 4K Sep 8, 2021 Direct F2
transaction AMSWA Common Stock Sale -$50.9K -2K -50% $25.44 2K Sep 8, 2021 Direct F2
transaction AMSWA Common Stock Sale -$50.9K -2K -100% $25.44 0 Sep 8, 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 Sep 8, 2021 Common Stock 2K $14.85 Direct F1, F3
transaction AMSWA Stock Option Options Exercise $0 -2K -100% $0.00* 0 Sep 8, 2021 Common Stock 2K $13.82 Direct F1, F4
transaction AMSWA Stock Option Options Exercise $0 -2K -100% $0.00* 0 Sep 8, 2021 Common Stock 2K $10.99 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 8, 2021, the Reporting Person converted 2,000 options into an equal number of shares of Class A Common Stock.
F2 On September 8, 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 16-Sep-2019
F4 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 03-Sep-2020
F5 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 04-May-2017