JAMES C. EDENFIELD - 07 Sep 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Executive Chairman
Signature
James C. Edenfield
Issuer symbol
AMSWA
Transactions as of
07 Sep 2022
Net transactions value
-$22,080
Form type
4
Filing time
08 Sep 2022, 13:32:30 UTC
Previous filing
06 Sep 2022
Next filing
09 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 Options Exercise $109,440 +8,000 +13% $13.68 68,000 07 Sep 2022 Direct F1
transaction AMSWA Common Stock Sale $131,520 -8,000 -12% $16.44 60,000 07 Sep 2022 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 -8,000 -54% $0.000000 6,753 07 Sep 2022 Common Stock 8,000 $13.68 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 7, 2022, the Reporting Person converted 8,000 options into an equal number of shares of Class A Common Stock.
F2 On September 7, 2022, the Reporting Person sold 8,000 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 15-Jun-2018