H. Allan Dow - Mar 14, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Stock symbol
AMSWA
Transactions as of
Mar 14, 2023
Transactions value $
-$36,885
Form type
4
Date filed
3/15/2023, 09:32 AM
Previous filing
Mar 14, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $217K +19.6K +20.15% $11.08 117K Mar 14, 2023 Direct F1
transaction AMSWA Common Stock Sale -$254K -19.6K -16.77% $12.96 97.1K Mar 14, 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 -19.6K -8.29% $0.00 216K Mar 14, 2023 Common Stock 19.6K $11.08 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 14, 2023, the Reporting Person converted 19,571 options into an equal number of shares of Class A Common Stock.
F2 On March 14, 2023, the Reporting Person sold 19,571 shares of Class A Common stock.
F3 On March 14, 2023, the Reporting Person converted 19,571options into an equal number of shares of Class A Common Stock.
F4 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017