SEC Form 4 · accession 0001562180-16-003822
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Hogue
Director
Period of report
Dec 15, 2016
Accepted (ET)
Dec 16, 2016 · 11:33 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 15, 2016 | M | 3,000 | $6.62 | A | 41,685 | D | |
| Common StockF2 | Dec 15, 2016 | S | 3,000 | $10.86 | D | 38,685 | 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 | $6.62 | Dec 15, 2016 | M | 3,000 | D | Jan 31, 2012 | Jan 31, 2017 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1On December 16, 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.