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

Role
CFO
Signature
Vincent C. Klinges
Issuer symbol
AMSWA
Transactions as of
16 Dec 2021
Transactions value $
-$94,597
Form type
4
Filing time
17 Dec 2021, 11:11:20 UTC
Previous filing
17 Sep 2021
Next filing
11 May 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 $65,335 +6,527 +6.7% $10.01 103,365 16 Dec 2021 Direct F1
transaction AMSWA Common Stock Sale -$159,932 -6,527 -6.3% $24.5 96,838 16 Dec 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 -6,527 -100% $0* 0 16 Dec 2021 Common Stock 6,527 $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