H. Allan Dow - 04 Apr 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role
President
Signature
Harold A Dow
Issuer symbol
N/A
Transactions as of
04 Apr 2023
Net transactions value
+$166,200
Form type
4
Filing time
05 Apr 2023, 16:15:52 UTC
Previous filing
03 Apr 2023
Next filing
06 Jun 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 $166,200 +15,000 +15% $11.08 112,115 04 Apr 2023 Direct F1

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 -15,000 -44% $0.000000 19,367 04 Apr 2023 Common Stock 15,000 $11.08 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 4, 2023, the Reporting Person converted 15,000 options into an equal number of shares of Class A Common Stock.
F2 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017