SEC Form 4 · accession 0001181431-15-004311
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Edenfield
Officer — President & CEO
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 10:52 am 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 Stock | Mar 6, 2015 | C | 37,573 | $5.76 | A | 435,799 | D | |
| Class A Common StockF2,F3 | Mar 6, 2015 | S | 37,573 | $9.8435 | D | 398,226 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Class A Common Stock | $5.76 | Mar 6, 2015 | C | 37,573 | D | Jun 30, 2010 | Jun 30, 2015 | Class A Common Stock | 37,573 | 0 | D |
Explanation of responses
- F1On March 6, 2015, the Reporting Person converted 37,573 options into an equal number of shares of Class A Common Stock.
- F2Represents the weighted average sales price for price increments ranging from $9.80 to $9.90.
- F3The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price for all transactions reported on this Form 4.