James C. Edenfield - Nov 23, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Executive Chairman
Signature
James C. Edenfield
Stock symbol
AMSWA
Transactions as of
Nov 23, 2021
Transactions value $
-$212,840
Form type
4
Date filed
11/24/2021, 12:04 PM
Previous filing
Aug 19, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $140K +14K +23.33% $10.01 74K Nov 23, 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $21.9K +1.6K +2.16% $13.68 75.6K Nov 23, 2021 Direct F2
transaction AMSWA Common Stock Sale -$38.4K -1.6K -2.12% $24.03 74K Nov 23, 2021 Direct F3
transaction AMSWA Common Stock Sale -$336K -14K -18.92% $24.03 60K Nov 23, 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 -1.6K -8.89% $0.00 16.4K Nov 23, 2021 Common Stock 1.6K $13.68 Direct F5, F6
transaction AMSWA Stock Option Options Exercise $0 -14K -100% $0.00* 0 Nov 23, 2021 Common Stock 14K $10.01 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 23, 2021, the Reporting Person converted 14,000 options into an equal number of shares of Class A Common Stock.
F2 On November 23, 2021, the Reporting Person converted 1,600 options into an equal number of shares of Class A Common Stock.
F3 On November 23, 2021, the Reporting Person sold 1,600 shares of Class A Common stock.
F4 On November 23, 2021, the Reporting Person sold 14,000 shares of Class A Common stock.
F5 On November 23,, 2021, the Reporting Person converted 1,600 options into an equal number of shares of Class A Common Stock.
F6 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 15-Jun-2018
F7 On November 23,2921, the Reporting Person converted 14,000 options into an equal number of shares of Class A Common Stock.
F8 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 20-Jun-2016