H. Allan Dow - Mar 27, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Stock symbol
AMSWA
Transactions as of
Mar 27, 2023
Transactions value $
-$25,524
Form type
4
Date filed
3/28/2023, 09:57 AM
Previous filing
Mar 27, 2023
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $249K +22.5K +23.16% $11.08 120K Mar 27, 2023 Direct F1
transaction AMSWA Common Stock Sale -$275K -22.5K -18.8% $12.21 97.1K Mar 27, 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 -22.5K -16.04% $0.00 118K Mar 27, 2023 Common Stock 22.5K $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 27, 2023, the Reporting Person converted 22,490 options into an equal number of shares of Class A Common Stock.
F2 On March 27, 2023, the Reporting Person sold 22,490 shares of Class A Common stock.
F3 On March 27. 2023, the Reporting Person converted 22,490 options 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