H. Allan Dow - 15 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
15 Mar 2023
Net transactions value
-$7,569
Form type
4
Filing time
16 Mar 2023, 10:38:44 UTC
Previous filing
15 Mar 2023
Next filing
21 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 $45,927 +4,145 +4.3% $11.08 101,260 15 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $53,496 -4,145 -4.1% $12.91 97,115 15 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 -4,145 -1.9% $0.000000 212,310 15 Mar 2023 Common Stock 4,145 $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 15, 2023, the Reporting Person converted 4,145 options into an equal number of shares of Class A Common Stock.
F2 On March 15, 2023, the Reporting Person sold 4,145 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