SEC Form 4 · accession 0001562180-16-003805

AMERICAN SOFTWARE INC · AMSWA

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

Reporting owner

Officer — Secretary

Period of report

Dec 13, 2016

Accepted (ET)

Dec 15, 2016 · 4:13 pm 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
Common Stock	Dec 13, 2016	M	1,486	$8.97	A	1,486	D
Common Stock	Dec 13, 2016	M	4,800	$8.81	A	6,286	D
Common Stock^F3	Dec 13, 2016	S	4,800	$11.0034	D	1,486	D
Common Stock^F3	Dec 13, 2016	S	1,486	$11.0034	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option^F4	$8.97	Dec 13, 2016	M	1,486	D	—	Jul 11, 2019	Common Stock	1,486	20,000	D
Stock Option^F5	$8.81	Dec 13, 2016	M	4,800	D	—	May 28, 2021	Common Stock	4,800	19,200	D

F1On December 13, 2016, the Reporting Person converted 1,486 options into an equal number of shares of Class A Common Stock.
F2On December 13, 2016, the Reporting Person converted 4,800 options into an equal number of shares of Class A Common Stock.
F3The 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.
F4Vests 4,000 share(s) on 11-Jul-2014, 4,000 share(s) on 11-Jul-2015, 4,000 share(s) on 11-Jul-2016, 4,000 share(s) on 11-Jul-2017, 4,000 share(s) on 11-Jul-2018
F5Vests 4,800 share(s) on 28-May-2016, 4,800 share(s) on 28-May-2017, 4,800 share(s) on 28-May-2018, 4,800 share(s) on 28-May-2019, 4,800 share(s) on 28-May-2020