Vincent C. Klinges - Mar 28, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Stock symbol
AMSWA
Transactions as of
Mar 28, 2023
Transactions value $
-$2,615
Form type
4
Date filed
3/29/2023, 10:01 AM
Previous filing
Mar 28, 2023
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $28.3K +2.55K +2.53% $11.08 103K Mar 28, 2023 Direct F1
transaction AMSWA Common Stock Sale -$30.9K -2.55K -2.47% $12.10 101K Mar 28, 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 -2.55K -7.98% $0.00 29.4K Mar 28, 2023 Common Stock 2.55K $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 28, 2023, the Reporting Person converted 2,552 options into an equal number of shares of Class A Common Stock.
F2 On March 28, 2023, the Reporting Person sold 2,552 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