Thomas L. Newberry V. - May 1, 2024 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role: Director
Signature: Thomas L. Newberry, V
Stock symbol: AMSWA
Transactions as of: May 1, 2024
Transactions value $: $97,887
Form type: 4
Date filed: 5/3/2024, 02:26 PM
Previous filing: May 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMSWA	Common Stock	Award	$97.9K	+9.74K		$10.05	9.74K	May 1, 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ('RSUs") granted to the reporting person on May 2, 2023 (the "Grant Date") pursuant to American Software, Inc.'s 2020 Equity Compensation Plan. As noted in the Form 4 filed on May 3, 2023, all RSU's granted to the reporting person were subject to vest in full on the first anniversary of the Grant Date (the "Vesting Date") subject to the reporting person's continued service as a Director of the Company through the Vesting Date. All RSUs vested on May 1, 2024.

Content

Represents restricted stock units ('RSUs") granted to the reporting person on May 2, 2023 (the "Grant Date") pursuant to American Software, Inc.'s 2020 Equity Compensation Plan. As noted in the Form 4 filed on May 3, 2023, all RSU's granted to the reporting person were subject to vest in full on the first anniversary of the Grant Date (the "Vesting Date") subject to the reporting person's continued service as a Director of the Company through the Vesting Date. All RSUs vested on May 1, 2024.