H. Allan Dow - Jun 5, 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Stock symbol
AMSWA
Transactions as of
Jun 5, 2023
Transactions value $
$202,243
Form type
4
Date filed
6/6/2023, 03:08 PM
Previous filing
Apr 5, 2023
Next filing
Sep 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $202K +18.3K +16.28% $11.08 130K Jun 5, 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 -18.3K -100% $0.00* 0 Jun 5, 2023 Common Stock 18.3K $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 June 5, 2023, the Reporting Person converted 18,253 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

Remarks:

Options bought and held were due to expire in June, 2023.