James C. Edenfield - 02 Sep 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC

Signature
James C. Edenfield
Issuer symbol
N/A
Transactions as of
02 Sep 2022
Net transactions value
-$9,384
Form type
4
Filing time
06 Sep 2022, 11:43:35 UTC
Previous filing
02 Sep 2022
Next filing
08 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $44,419 +3,247 +5.4% $13.68 63,247 02 Sep 2022 Direct F1
transaction AMSWA Common Stock Sale $53,803 -3,247 -5.1% $16.57 60,000 02 Sep 2022 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 -3,247 -18% $0.000000 14,753 02 Sep 2022 Common Stock 3,247 $13.68 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 2, 2022, the Reporting Person converted 3,247 options into an equal number of shares of Class A Common Stock.
F2 On September 2, 2022, the Reporting Person sold 3,247shares of Class A Common stock.
F3 On September 2, 2022, the Reporting Person converted 3,247options into an equal number of shares of Class A Common Stock.
F4 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 15-Jun-2018