SEC Form 4 · accession 0001209191-15-087326
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent C Klinges
Officer — CFO
Period of report
Dec 28, 2015
Accepted (ET)
Dec 30, 2015 · 11:59 am EST
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 | Dec 28, 2015 | C | 2,233 | $4.66 | A | 97,674 | D | |
| Class A Common StockF2 | Dec 28, 2015 | S | 2,233 | $10.60 | D | 95,441 | D | |
| Class A Common Stock | Dec 29, 2015 | C | 390 | $4.66 | A | 95,831 | D | |
| Class A Common StockF2,F4 | Dec 29, 2015 | S | 390 | $10.6683 | D | 95,441 | 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 | $4.66 | Dec 28, 2015 | C | 2,233 | D | Jul 12, 2011 | Jul 12, 2016 | Class A Common Stock | 2,233 | 2,040 | D |
| Options to Acquire Class A Common Stock | $4.66 | Dec 29, 2015 | C | 390 | D | Jul 12, 2011 | Jul 12, 2016 | Class A Common Stock | 390 | 1,650 | D |
Explanation of responses
- F1On December 28, 2015, the Reporting Person converted 2,233 options into an equal number of shares of Class A Common Stock.
- F2The 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 separate price for all transactions reported on this Form 4.
- F3On December 29, 2015, the Reporting Person converted 390 options into an equal number of shares of Class A Common Stock.
- F4Represents the weighted average sales price for price increments ranging from $10.64 to $10.68.