Vincent C. Klinges - 27 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
N/A
Transactions as of
27 Mar 2023
Net transactions value
-$2,955
Form type
4
Filing time
28 Mar 2023, 09:57:24 UTC
Previous filing
23 Mar 2023
Next filing
29 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $27,977 +2,525 +2.5% $11.08 103,363 27 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $30,932 -2,525 -2.4% $12.25 100,838 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 -2,525 -7.3% $0.000000 31,988 27 Mar 2023 Common Stock 2,525 $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 27, 2023, the Reporting Person converted 2,525 options into an equal number of shares of Class A Common Stock.
F2 On March 27, 2023, the Reporting Person sold 2,525 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