SEC Form 4 · accession 0001181431-15-005201

AMERICAN SOFTWARE INC · AMSWA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Chairman

Period of report

Mar 25, 2015

Accepted (ET)

Mar 27, 2015 · 12:47 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
Class A Common Stock^F1	Mar 25, 2015	C	21,699	$4.66	A	81,699	D
Class A Common Stock^F3,F4,F1	Mar 25, 2015	S	21,699	$10.2572	D	60,000	D
Class A Common Stock^F1	Mar 26, 2015	C	23,000	$4.66	A	83,000	D
Class A Common Stock^F4,F6,F1	Mar 26, 2015	S	23,000	$10.2891	D	60,000	D

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	$4.66	Mar 25, 2015	C	21,699	D	Jul 12, 2011	Jul 12, 2016	Class A Common Stock	21,699	47,358	D
Options to Acquire Class A Common Stock	$4.66	Mar 26, 2015	C	23,000	D	Jul 12, 2011	Jul 12, 2016	Class A Common Stock	23,000	24,358	D

F160,000 shares held by James C. and Norma T. Edenfield Foundation.
F2On March 25, 2015, the Reporting Person converted 21,699 options into an equal number of shares of Class A Common Stock.
F3Represents the weighted average sales price for price increments ranging from $10.20 to $10.3015.
F4The 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.
F5On March 26, 2015, the Reporting Person converted 23,000 options into an equal number of shares of Class A Common Stock.
F6Represents the weighted average sales price for price increments ranging from $10.17 to $10.38.