James C. Edenfield - Sep 7, 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Executive Chairman
Signature
James C. Edenfield
Stock symbol
AMSWA
Transactions as of
Sep 7, 2022
Transactions value $
-$22,080
Form type
4
Date filed
9/8/2022, 01:32 PM
Previous filing
Sep 6, 2022
Next filing
Sep 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $109K +8K +13.33% $13.68 68K Sep 7, 2022 Direct F1
transaction AMSWA Common Stock Sale -$132K -8K -11.76% $16.44 60K Sep 7, 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 -8K -54.23% $0.00 6.75K Sep 7, 2022 Common Stock 8K $13.68 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 7, 2022, the Reporting Person converted 8,000 options into an equal number of shares of Class A Common Stock.
F2 On September 7, 2022, the Reporting Person sold 8,000 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 15-Jun-2018