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.