H. ALLAN DOW - 16 Jun 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Issuer symbol
AMSWA
Transactions as of
16 Jun 2021
Transactions value $
-$462,264
Form type
4
Filing time
21 Jun 2021, 08:55:57 UTC
Previous filing
27 May 2021
Next filing
21 Jun 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 $245K +28.7K +35.29% $8.54 110K 16 Jun 2021 Direct F1
transaction AMSWA Common Stock Sale -$707K -28.7K -26.08% $24.65 81.3K 16 Jun 2021 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 -28.7K -28.69% $0.00 71.3K 16 Jun 2021 Common Stock 28.7K $8.54 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 16, 2021, the Reporting Person converted 28,693 options into an equal number of shares of Class A Common Stock.
F2 On June 16, 2021, the Reporting Person sold 28,693 shares of Class A Common stock.
F3 On June 16, 2021, the Reporting Person converted 28,693 options into an equal number of shares of Class A Common Stock.
F4 Vests 24,000 share(s) on 26-Aug-2016, 24,000 share(s) on 26-Aug-2017, 24,000 share(s) on 26-Aug-2018, 24,000 share(s) on 26-Aug-2019, 24,000 share(s) on 26-Aug-2020