H. ALLAN DOW - 14 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Issuer symbol
AMSWA
Transactions as of
14 Mar 2023
Transactions value $
-$36,885
Form type
4
Filing time
15 Mar 2023, 09:32:53 UTC
Previous filing
14 Mar 2023
Next filing
16 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 $217K +19.6K +20.15% $11.08 117K 14 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale -$254K -19.6K -16.77% $12.96 97.1K 14 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 -19.6K -8.29% $0.00 216K 14 Mar 2023 Common Stock 19.6K $11.08 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 14, 2023, the Reporting Person converted 19,571 options into an equal number of shares of Class A Common Stock.
F2 On March 14, 2023, the Reporting Person sold 19,571 shares of Class A Common stock.
F3 On March 14, 2023, the Reporting Person converted 19,571options into an equal number of shares of Class A Common Stock.
F4 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017