James C. Edenfield - 09 Sep 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC

Signature
James C. Edenfield
Issuer symbol
N/A
Transactions as of
09 Sep 2022
Net transactions value
-$8,324
Form type
4
Filing time
12 Sep 2022, 09:11:24 UTC
Previous filing
09 Sep 2022
Next filing
13 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $43,133 +3,153 +5.3% $13.68 63,153 09 Sep 2022 Direct F1
transaction AMSWA Common Stock Sale $51,457 -3,153 -5% $16.32 60,000 09 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 -3,153 -100% $0.000000* 0 09 Sep 2022 Common Stock 3,153 $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 9, 2022, the Reporting Person converted 3,153 options into an equal number of shares of Class A Common Stock.
F2 On September 9, 2022, the Reporting Person sold 3,153 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