James C. Edenfield - 24 Nov 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
Executive Chairman
Signature
James C. Edenfield
Issuer symbol
N/A
Transactions as of
24 Nov 2021
Net transactions value
-$467,164
Form type
4
Filing time
29 Nov 2021, 08:07:08 UTC
Previous filing
24 Nov 2021
Next filing
14 Jun 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 $224,352 +16,400 +27% $13.68 76,400 24 Nov 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $261,900 +18,000 +24% $14.55 94,400 24 Nov 2021 Direct F2
transaction AMSWA Common Stock Options Exercise $280,080 +18,000 +19% $15.56 112,400 24 Nov 2021 Direct F2
transaction AMSWA Common Stock Sale $386,056 -16,400 -15% $23.54 96,000 24 Nov 2021 Direct F3
transaction AMSWA Common Stock Sale $423,720 -18,000 -19% $23.54 78,000 24 Nov 2021 Direct F4
transaction AMSWA Common Stock Sale $423,720 -18,000 -23% $23.54 60,000 24 Nov 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 -18,000 -100% $0.000000* 0 24 Nov 2021 Common Stock 18,000 $15.56 Direct F2, F5
transaction AMSWA Stock Option Options Exercise $0 -18,000 -100% $0.000000* 0 24 Nov 2021 Common Stock 18,000 $14.55 Direct F2, F6
transaction AMSWA Stock Option Options Exercise $0 -16,400 -100% $0.000000* 0 24 Nov 2021 Common Stock 16,400 $13.68 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 24, 2021, the Reporting Person converted 16,400 options into an equal number of shares of Class A Common Stock.
F2 On November 24, 2021, the Reporting Person converted 18,000 options into an equal number of shares of Class A Common Stock.
F3 On November 24, 2021, the Reporting Person sold 16,400 shares of Class A Common stock.
F4 On November 24, 2021, the Reporting Person sold 18,000 shares of Class A Common stock.
F5 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 24-Jun-2020
F6 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 21-Aug-2019
F7 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 15-Jun-2018