H. Allan Dow - Mar 13, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Stock symbol
AMSWA
Transactions as of
Mar 13, 2023
Transactions value $
-$26,145
Form type
4
Date filed
3/14/2023, 11:44 AM
Previous filing
Mar 10, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $155K +14K +14.44% $11.08 111K Mar 13, 2023 Direct F1
transaction AMSWA Common Stock Sale -$182K -14K -12.62% $12.94 97.1K Mar 13, 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 -14K -5.61% $0.00 236K Mar 13, 2023 Common Stock 14K $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 13, 2023, the Reporting Person converted 14,024 options into an equal number of shares of Class A Common Stock.
F2 On March 13, 2023, the Reporting Person sold 14,024 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