H. Allan Dow - 08 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
08 Mar 2023
Net transactions value
-$1,419
Form type
4
Filing time
09 Mar 2023, 08:09:07 UTC
Previous filing
08 Mar 2023
Next filing
10 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $5,573 +503 +0.52% $11.08 97,618 08 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $6,992 -503 -0.52% $13.90 97,115 08 Mar 2023 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 -503 -0.2% $0.000000 250,054 08 Mar 2023 Common Stock 503 $11.08 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2023, the Reporting Person converted 503 options into an equal number of shares of Class A Common Stock.
F2 On March 8, 2023, the Reporting Person sold 503 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017