James C. Edenfield - 27 Sep 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC

Role: Executive Chairman
Signature: James C. Edenfield
Issuer symbol: N/A
Transactions as of: 27 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Sep 2023, 15:44:08 UTC
Previous filing: 13 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AMSWA	AMSWA						60,000	27 Sep 2023	Direct

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	Restricted Stock Unit	Award	$0	+21,053		$0.000000	21,053	27 Sep 2023	Common Stock	21,053		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of AMSWA common stock.
F2	The restricted stock units vest in full on the first anniversary of the Grant Date (the 'Vesting Date"), subject to Award Recipient's continued service as a Director of Company on the Vesting Date. For avoidance of doubt, there shall be no proportionate or partial vesting of the RSU's prior the the Vesting Date.