VINCENT C. KLINGES - 30 Aug 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
AMSWA
Transactions as of
30 Aug 2021
Transactions value $
$-565,748
Form type
4
Filing time
01 Sep 2021, 13:21:34 UTC
Previous filing
19 Aug 2021
Next filing
17 Sep 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 $177,868 +17,769 +18.3% $10.01 114,607 30 Aug 2021 Direct F1
transaction AMSWA Common Stock Sale $-435,651 -17,769 -15.5% $24.52 96,838 30 Aug 2021 Direct F2
transaction AMSWA Common Stock Options Exercise $212,522 +21,231 +21.9% $10.01 118,069 31 Aug 2021 Direct F3
transaction AMSWA Common Stock Sale $-520,486 -21,231 -18% $24.52 96,838 31 Aug 2021 Direct F4

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 -17,769 -34.2% $0.000000 34,231 30 Aug 2021 Common Stock 17,769 $10.01 Direct F1, F5
transaction AMSWA Stock Option Options Exercise $0 -21,231 -62% $0.000000 13,000 31 Aug 2021 Common Stock 21,231 $10.01 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 30, 2021, the Reporting Person converted 17,769 options into an equal number of shares of Class A Common Stock.
F2 On August 30, 2021, the Reporting Person sold 17,769 shares of Class A Common stock.
F3 On August 31,2021, the Reporting Person converted 21,231 options into an equal number of shares of Class A Common Stock.
F4 On August 31, 2021, the Reporting Person sold 21,231 shares of Class A Common stock.
F5 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 20-Jun-2016
F6 On August 31, 2021, the Reporting Person converted 21,231 options into an equal number of shares of Class A Common Stock.