SEC Form 4 · accession 0001562180-16-002106
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
Apr 5, 2016
Accepted (ET)
Apr 6, 2016 · 10:13 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 | Apr 5, 2016 | M | 791 | $4.66 | A | 96,232 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $4.66 | Apr 5, 2016 | M | 791 | D | — | Jul 12, 2016 | Common Stock | 791 | 0 | D |
Explanation of responses
- F1On April 5, 2016, the Reporting Person converted 791 options into an equal number of shares of Class A Common Stock.
- F2Vests 10,000 share(s) on 12-Jul-2011, 10,000 share(s) on 12-Jul-2012, 10,000 share(s) on 12-Jul-2013, 10,000 share(s) on 12-Jul-2014, 10,000 share(s) on 12-Jul-2015