Vincent C. Klinges - 08 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
N/A
Transactions as of
08 Mar 2023
Net transactions value
-$46,908
Form type
4
Filing time
09 Mar 2023, 08:09:27 UTC
Previous filing
14 Jun 2022
Next filing
10 Mar 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 $193,845 +17,495 +17% $11.08 118,333 08 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $240,752 -17,495 -15% $13.76 100,838 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 -17,495 -25% $0.000000 53,505 08 Mar 2023 Common Stock 17,495 $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