H. Allan Dow - 27 Aug 2024 Form 4/A - Amendment Insider Report for AMERICAN SOFTWARE INC

Role: CEO and President
Signature: /s/ Nakesha Sewell via Power of Attorney
Issuer symbol: N/A
Transactions as of: 27 Aug 2024
Net transactions value: +$3,396,000
Form type: 4/A - Amendment
Filing time: 10 Sep 2024, 11:05:54 UTC
Date Of Original Report: 29 Aug 2024
Previous filing: 28 Sep 2023
Next filing: 04 Apr 2025
SEC: View on sec.gov

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	Award	$3,396,000	+300,000		$11.32	300,000	27 Aug 2024	Common Stock	300,000	$11.32	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The transaction was inadvertently reported as the acquisition of "Common Stock as the "Title of Derivative Security" in Column 1 of Table II. This amended Form 4 has been filed to correct the transaction to report the acquisition of "Stock Option" as the Title of Security in Column 1 of Table II. The original Form 4 mistakenly indicated that the reporting person is the President of the issuer. His correct title is Chief Executive Officer and President.
F2	Employees: 5-year vesting, 20 percent per year and expires in 6th year beginning on 27-Aug-2024

Content

The transaction was inadvertently reported as the acquisition of "Common Stock as the "Title of Derivative Security" in Column 1 of Table II. This amended Form 4 has been filed to correct the transaction to report the acquisition of "Stock Option" as the Title of Security in Column 1 of Table II. The original Form 4 mistakenly indicated that the reporting person is the President of the issuer. His correct title is Chief Executive Officer and President.

Employees: 5-year vesting, 20 percent per year and expires in 6th year beginning on 27-Aug-2024