JAMES C. EDENFIELD - 08 Sep 2022 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Executive Chairman
Signature
James C. Edenfield
Issuer symbol
AMSWA
Transactions as of
08 Sep 2022
Net transactions value
-$8,352
Form type
4
Filing time
09 Sep 2022, 09:14:54 UTC
Previous filing
08 Sep 2022
Next filing
12 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 $49,248 +3,600 +6% $13.68 63,600 08 Sep 2022 Direct F1
transaction AMSWA Common Stock Sale $57,600 -3,600 -5.7% $16.00 60,000 08 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 -3,600 -53% $0.000000 3,153 08 Sep 2022 Common Stock 3,600 $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 8, 2022, the Reporting Person converted 3,600 options into an equal number of shares of Class A Common Stock.
F2 On September 8, 2022, the Reporting Person sold 3,600 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