Vincent C. Klinges - 30 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
N/A
Transactions as of
30 Mar 2023
Net transactions value
-$16,391
Form type
4
Filing time
31 Mar 2023, 10:41:40 UTC
Previous filing
30 Mar 2023
Next filing
28 Sep 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 $201,501 +18,186 +18% $11.08 119,024 30 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $217,892 -18,186 -15% $11.98 100,838 30 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 -18,186 -100% $0.000000* 0 30 Mar 2023 Common Stock 18,186 $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 30, 2023, the Reporting Person converted 18,186 options into an equal number of shares of Class A Common Stock.
F2 On March 30, 2023, the Reporting Person sold 18,186 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