H. ALLAN DOW - 09 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Issuer symbol
AMSWA
Transactions as of
09 Mar 2023
Transactions value $
-$12
Form type
4
Filing time
10 Mar 2023, 10:31:31 UTC
Previous filing
09 Mar 2023
Next filing
14 Mar 2023
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 $44.30 +4 +0% $11.08 97.1K 09 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale -$56 -4 0% $14.00 97.1K 09 Mar 2023 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 -4 0% $0.00 250K 09 Mar 2023 Common Stock 4 $11.08 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 9, 2023, the Reporting Person converted 4 options into an equal number of shares of Class A Common Stock.
F2 On March 9, 2023, the Reporting Person sold 4 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017