SEC Form 4 · accession 0001562180-16-002024
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James B Miller Jr.
Director
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 10:18 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 22, 2016 | M | 1,790 | $6.39 | A | 1,790 | D | |
| Common Stock | Mar 22, 2016 | M | 1,210 | $6.39 | A | 3,000 | D | |
| Common StockF2 | Mar 22, 2016 | S | 1,790 | $8.86 | D | 1,210 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $6.39 | Mar 22, 2016 | M | 1,210 | D | Apr 30, 2011 | Apr 30, 2016 | Common Stock | 1,210 | 1,790 | D |
| Stock Option | $6.39 | Mar 22, 2016 | M | 1,790 | D | Apr 30, 2011 | Apr 30, 2016 | Common Stock | 1,790 | 0 | D |
Explanation of responses
- F1On March 22, 2016, the Reporting Person converted 3,000 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, 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.