SEC Form 4 · accession 0000899243-17-009001
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan L. Sell
Officer — See Remarks
Period of report
Mar 24, 2017
Accepted (ET)
Mar 31, 2017 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713425
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 24, 2017 | M | 12,000 | $8.00 | A | 12,000 | D | |
| Class A Common Stock | Mar 24, 2017 | S | 12,000 | $10.16 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $8.00 | Mar 24, 2017 | M | 12,000 | D | — | Sep 5, 2019 | Class A Common Stock | 12,000 | 8,000 | D |
Explanation of responses
- F1Corresponds to option exercise price.
- F2Option vests in five equal annual installments beginning on September 5, 2014.
Remarks
Controller and Principal Accounting Officer