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

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
27 Mar 2023
Net transactions value
-$25,524
Form type
4
Filing time
28 Mar 2023, 09:57:00 UTC
Previous filing
27 Mar 2023
Next filing
29 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 $249,189 +22,490 +23% $11.08 119,605 27 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $274,713 -22,490 -19% $12.21 97,115 27 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 -22,490 -16% $0.000000 117,707 27 Mar 2023 Common Stock 22,490 $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