Bryan Sell - Mar 31, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Controller
Signature
Bryan Sell
Stock symbol
AMSWA
Transactions as of
Mar 31, 2023
Transactions value $
-$2,724
Form type
4
Date filed
3/31/2023, 10:57 AM
Previous filing
May 4, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $22K +2K $10.99 2K Mar 31, 2023 Direct F1
transaction AMSWA Common Stock Sale -$24.7K -2K -100% $12.35 0 Mar 31, 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 -2K -100% $0.00* 0 Mar 31, 2023 Common Stock 2K $10.99 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 31, 2023, the Reporting Person converted 2,000 options into an equal number of shares of Class A Common Stock.
F2 On March 31, 2023, the Reporting Person sold 2,000 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 04-May-2017