JAMES C. EDENFIELD - 23 Nov 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Executive Chairman
Signature
James C. Edenfield
Issuer symbol
AMSWA
Transactions as of
23 Nov 2021
Net transactions value
-$212,840
Form type
4
Filing time
24 Nov 2021, 12:04:42 UTC
Previous filing
19 Aug 2021
Next filing
29 Nov 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 $140,140 +14,000 +23% $10.01 74,000 23 Nov 2021 Direct F1
transaction AMSWA Common Stock Options Exercise $21,888 +1,600 +2.2% $13.68 75,600 23 Nov 2021 Direct F2
transaction AMSWA Common Stock Sale $38,448 -1,600 -2.1% $24.03 74,000 23 Nov 2021 Direct F3
transaction AMSWA Common Stock Sale $336,420 -14,000 -19% $24.03 60,000 23 Nov 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 -1,600 -8.9% $0.000000 16,400 23 Nov 2021 Common Stock 1,600 $13.68 Direct F5, F6
transaction AMSWA Stock Option Options Exercise $0 -14,000 -100% $0.000000* 0 23 Nov 2021 Common Stock 14,000 $10.01 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 23, 2021, the Reporting Person converted 14,000 options into an equal number of shares of Class A Common Stock.
F2 On November 23, 2021, the Reporting Person converted 1,600 options into an equal number of shares of Class A Common Stock.
F3 On November 23, 2021, the Reporting Person sold 1,600 shares of Class A Common stock.
F4 On November 23, 2021, the Reporting Person sold 14,000 shares of Class A Common stock.
F5 On November 23,, 2021, the Reporting Person converted 1,600 options into an equal number of shares of Class A Common Stock.
F6 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 15-Jun-2018
F7 On November 23,2921, the Reporting Person converted 14,000 options into an equal number of shares of Class A Common Stock.
F8 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 20-Jun-2016