VINCENT C. KLINGES - 21 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
AMSWA
Transactions as of
21 Mar 2023
Net transactions value
-$19,349
Form type
4
Filing time
22 Mar 2023, 17:01:42 UTC
Previous filing
21 Mar 2023
Next filing
23 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSWA Common Stock Options Exercise $123,354 +11,133 +11% $11.08 111,971 21 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $142,703 -11,133 -9.9% $12.82 100,838 21 Mar 2023 Direct F2

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 Options Exercise $0 -11,133 -23% $0.000000 36,941 21 Mar 2023 Common Stock 11,133 $11.08 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 21, 2023, the Reporting Person converted 11,133 options into an equal number of shares of Class A Common Stock.
F2 On March 21, 2023, the Reporting Person sold 11,133 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017.