James C. Edenfield - 12 Sep 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
Executive Chairman
Signature
James C. Edenfield
Issuer symbol
N/A
Transactions as of
12 Sep 2022
Net transactions value
-$9,086
Form type
4
Filing time
13 Sep 2022, 09:10:19 UTC
Previous filing
12 Sep 2022
Next filing
28 Sep 2023
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 $69,840 +4,800 +8% $14.55 64,800 12 Sep 2022 Direct F1
transaction AMSWA Common Stock Sale $78,926 -4,800 -7.4% $16.44 60,000 12 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 -4,800 -27% $0.000000 13,200 12 Sep 2022 Common Stock 4,800 $14.55 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 12, 2022, the Reporting Person converted 4,800 options into an equal number of shares of Class A Common Stock.
F2 On September 12, 2022, the Reporting Person sold 4,800 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 21-Aug-2019