Vincent C. Klinges - Dec 16, 2021 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
CFO
Signature
Vincent C. Klinges
Stock symbol
AMSWA
Transactions as of
Dec 16, 2021
Transactions value $
-$94,597
Form type
4
Date filed
12/17/2021, 11:11 AM
Previous filing
Sep 17, 2021
Next filing
May 11, 2022
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 $65.3K +6.53K +6.74% $10.01 103K Dec 16, 2021 Direct F1
transaction AMSWA Common Stock Sale -$160K -6.53K -6.31% $24.50 96.8K Dec 16, 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 -6.53K -100% $0.00* 0 Dec 16, 2021 Common Stock 6.53K $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 December 16, 2021, the Reporting Person converted 6,527 options into an equal number of shares of Class A Common Stock.
F2 On December 16, 2021, the Reporting Person sold 6,527 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