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

Role: CEO and President
Signature: /s/ Nakesha Sewell via Power of Attorney
Stock symbol: AMSWA
Transactions as of: Aug 27, 2024
Transactions value $: $3,396,000
Form type: 4/A - Amendment
Date filed: 9/10/2024, 11:05 AM
Date Of Original Report: Aug 29, 2024
Previous filing: Sep 28, 2023

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	$3.4M	+300K		$11.32	300K	Aug 27, 2024	Common Stock	300K	$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