L. NEWBERRY THOMAS - 14 Jun 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Director
Signature
Thomas L. Newberry, V
Issuer symbol
AMSWA
Transactions as of
14 Jun 2021
Net transactions value
-$74,210
Form type
4
Filing time
14 Jun 2021, 14:49:08 UTC
Previous filing
14 Jun 2021
Next filing
19 Aug 2021
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 $64,840 +4,000 $16.21 4,000 14 Jun 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $17,617 +1,180 +30% $14.93 5,180 14 Jun 2021 Direct F2
transaction AMSWA Common Stock Options Exercise $65,920 +4,000 +77% $16.48 9,180 14 Jun 2021 Direct F3
transaction AMSWA Common Stock Sale $28,611 -1,180 -13% $24.25 8,000 14 Jun 2021 Direct F4
transaction AMSWA Common Stock Sale $96,988 -4,000 -50% $24.25 4,000 14 Jun 2021 Direct F5
transaction AMSWA Common Stock Sale $96,988 -4,000 -100% $24.25 0 14 Jun 2021 Direct F5

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 -4,000 -100% $0.000000* 0 14 Jun 2021 Common Stock 4,000 $16.48 Direct F1
transaction AMSWA Stock Option Options Exercise $0 -4,000 -100% $0.000000* 0 14 Jun 2021 Common Stock 4,000 $16.21 Direct F1
transaction AMSWA Stock Option Options Exercise $0 -1,180 -100% $0.000000* 0 14 Jun 2021 Common Stock 1,180 $14.93 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 12, 2021, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
F2 On June 14, 2021, the Reporting Person converted 1,180 options into an equal number of shares of Class A Common Stock.
F3 On June 14, 2021, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
F4 On June 14, 2021, the Reporting Person sold 1,180 shares of Class A Common stock.
F5 On June 14, 2021, the Reporting Person sold 4,000 shares of Class A Common stock.
F6 On June 14, 2021, the Reporting Person converted 1180 options into an equal number of shares of Class A Common Stock.