Vincent C. Klinges - 10 May 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
N/A
Transactions as of
10 May 2022
Net transactions value
+$44,320
Form type
4
Filing time
11 May 2022, 09:38:39 UTC
Previous filing
17 Dec 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 $44,320 +4,000 +4.1% $11.08 100,838 10 May 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 -4,000 -5.3% $0.000000 71,000 10 May 2022 Common Stock 4,000 $11.08 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2022, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
F2 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017