Bryan Sell - 31 Mar 2023 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

Role
Controller
Signature
Bryan Sell
Issuer symbol
AMSWA
Transactions as of
31 Mar 2023
Net transactions value
-$2,724
Form type
4
Filing time
31 Mar 2023, 10:57:57 UTC
Previous filing
04 May 2022
Next filing
02 Jun 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 $21,980 +2,000 $10.99 2,000 31 Mar 2023 Direct F1
transaction AMSWA Common Stock Sale $24,704 -2,000 -100% $12.35 0 31 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 -2,000 -100% $0.000000* 0 31 Mar 2023 Common Stock 2,000 $10.99 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 31, 2023, the Reporting Person converted 2,000 options into an equal number of shares of Class A Common Stock.
F2 On March 31, 2023, the Reporting Person sold 2,000 shares of Class A Common stock.
F3 Employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 04-May-2017