Bryan L. Sell - 08 Sep 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
Controller
Signature
Bryan Sell
Issuer symbol
N/A
Transactions as of
08 Sep 2021
Net transactions value
-$73,321
Form type
4
Filing time
08 Sep 2021, 13:55:52 UTC
Previous filing
20 May 2021
Next filing
04 May 2022
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 $27,640 +2,000 $13.82 2,000 08 Sep 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $21,980 +2,000 +100% $10.99 4,000 08 Sep 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $29,700 +2,000 +50% $14.85 6,000 08 Sep 2021 Direct F1
transaction AMSWA Common Stock Sale $50,880 -2,000 -33% $25.44 4,000 08 Sep 2021 Direct F2
transaction AMSWA Common Stock Sale $50,880 -2,000 -50% $25.44 2,000 08 Sep 2021 Direct F2
transaction AMSWA Common Stock Sale $50,880 -2,000 -100% $25.44 0 08 Sep 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 -2,000 -100% $0.000000* 0 08 Sep 2021 Common Stock 2,000 $14.85 Direct F1, F3
transaction AMSWA Stock Option Options Exercise $0 -2,000 -100% $0.000000* 0 08 Sep 2021 Common Stock 2,000 $13.82 Direct F1, F4
transaction AMSWA Stock Option Options Exercise $0 -2,000 -100% $0.000000* 0 08 Sep 2021 Common Stock 2,000 $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