Yue Wu - 01 May 2024 Form 4 Insider Report for AMERICAN SOFTWARE INC (AMSWA)

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	Restricted Stock Unit	Award		+11,941			11,941	01 May 2024	Common Stock	11,941		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of AMSWA common stock.
F2	The restricted stock units vest in full on the first anniversary of the Grant Date (the 'Vesting Date"), subject to Award Recipient's continued service as a Director of Company on the Vesting Date. For avoidance of doubt, there shall be no proportionate or partial vesting of the RSU's prior the the Vesting Date.
F3	The restricted stock units vest in full on the first anniversary of the Grant Date (the "Vesting Date"), subject to Award Recipient's continued service as a Director of Company on the Vesting Date. For avoidance of doubt, there shall be no proportionate or partial vesting of the RSU's prior to the Vesting Date.