JAMES C. EDENFIELD - 01 Sep 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role: Executive Chairman
Signature: James C. Edenfield
Issuer symbol: AMSWA
Transactions as of: 01 Sep 2022
Net transactions value: -$82,880
Form type: 4
Filing time: 02 Sep 2022, 09:23:02 UTC
Previous filing: 14 Jun 2022
Next filing: 06 Sep 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	Conversion of derivative security	$177,280	+16,000	+27%	$11.08	76,000	01 Sep 2022	Direct
transaction	AMSWA	Common Stock	Sale	$260,160	-16,000	-21%	$16.26	60,000	01 Sep 2022	Direct

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	-16,000	-100%	$0.000000^*	0	01 Sep 2022	Common Stock	16,000	$11.08	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017