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

Role
Executive Chairman
Signature
James C. Edenfield
Stock symbol
AMSWA
Transactions as of
Sep 27, 2023
Transactions value $
$0
Form type
4
Date filed
9/28/2023, 03:44 PM
Previous filing
Sep 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AMSWA AMSWA 60K Sep 27, 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 +21.1K $0.00 21.1K Sep 27, 2023 Common Stock 21.1K 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.