Vincent C. Klinges - Mar 8, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Stock symbol
AMSWA
Transactions as of
Mar 8, 2023
Transactions value $
-$46,908
Form type
4
Date filed
3/9/2023, 08:09 AM
Previous filing
Jun 14, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $194K +17.5K +17.35% $11.08 118K Mar 8, 2023 Direct F1
transaction AMSWA Common Stock Sale -$241K -17.5K -14.78% $13.76 101K Mar 8, 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 -17.5K -24.64% $0.00 53.5K Mar 8, 2023 Common Stock 17.5K $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 17,495 options into an equal number of shares of Class A Common Stock.
F2 On March 8, 2023, the Reporting Person sold 17,495 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