H. ALLAN DOW - 30 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
President
Signature
Harold A Dow
Issuer symbol
AMSWA
Transactions as of
30 Mar 2023
Transactions value $
-$52,859
Form type
4
Filing time
31 Mar 2023, 10:42:03 UTC
Previous filing
30 Mar 2023
Next filing
03 Apr 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 $166K +15K +15.45% $11.08 112K 30 Mar 2023 Direct F1
transaction AMSWA Common Stock Options Exercise $472K +42.6K +37.99% $11.08 155K 30 Mar 2023 Direct F2
transaction AMSWA Common Stock Sale -$180K -15K -9.7% $11.98 140K 30 Mar 2023 Direct F3
transaction AMSWA Common Stock Sale -$511K -42.6K -30.49% $12.00 97.1K 30 Mar 2023 Direct F4

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 -42.6K -39.82% $0.00 64.4K 30 Mar 2023 Common Stock 42.6K $11.08 Direct F2, F5
transaction AMSWA Stock Option Options Exercise $0 -15K -23.3% $0.00 49.4K 30 Mar 2023 Common Stock 15K $11.08 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2023, the Reporting Person converted 15,000 options into an equal number of shares of Class A Common Stock.
F2 On March 30, 2023, the Reporting Person converted 42,592 options into an equal number of shares of Class A Common Stock.
F3 On March 30, 2023, the Reporting Person sold 15,000 shares of Class A Common stock.
F4 On March 30, 2023, the Reporting Person sold 42,592 shares of Class A Common stock.
F5 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 07-Jun-2017