VINCENT C. KLINGES - 16 Sep 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
AMSWA
Transactions as of
16 Sep 2021
Net transactions value
-$99,141
Form type
4
Filing time
17 Sep 2021, 10:14:17 UTC
Previous filing
01 Sep 2021
Next filing
17 Dec 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 $64,795 +6,473 +6.7% $10.01 103,311 16 Sep 2021 Direct F1
transaction AMSWA Common Stock Sale $163,936 -6,473 -6.3% $25.33 96,838 16 Sep 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 -6,473 -50% $0.000000 6,527 16 Sep 2021 Common Stock 6,473 $10.01 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 16, 2021, the Reporting Person converted 6,473 options into an equal number of shares of Class A Common Stock.
F2 On September 16, 2021, the Reporting Person sold 6,473 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 20-Jun-2016