James B. Miller Jr. - 24 Jan 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role: Director
Signature: James B. Miller, Jr.
Issuer symbol: N/A
Transactions as of: 24 Jan 2022
Net transactions value: +$56,610
Form type: 4
Filing time: 25 Jan 2022, 10:31:37 UTC
Previous filing: 01 Nov 2021
Next filing: 01 Feb 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	$27,420	+3,000	+3.4%	$9.14	91,611	24 Jan 2022	Direct	F1
transaction	AMSWA	Common Stock	Options Exercise	$29,190	+3,000	+3.3%	$9.73	94,611	24 Jan 2022	Direct	F1

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	-3,000	-100%	$0.000000^*	0	24 Jan 2022	Common Stock	3,000	$9.73	Direct	F1
transaction	AMSWA	Stock Option	Options Exercise	$0	-3,000	-100%	$0.000000^*	0	24 Jan 2022	Common Stock	3,000	$9.14	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 24, 2022, the Reporting Person converted 3,000 options into an equal number of shares of Class A Common Stock.